{"id":163453,"date":"2021-01-06T12:31:34","date_gmt":"2021-01-06T11:31:34","guid":{"rendered":"https:\/\/highxtar.com\/?p=163453"},"modified":"2021-01-06T12:31:34","modified_gmt":"2021-01-06T11:31:34","slug":"billionaires-increase-their-wealth-in-2020","status":"publish","type":"post","link":"https:\/\/highxtar.com\/en\/billionaires-increase-their-wealth-in-2020\/","title":{"rendered":"Billionaires increase their wealth in 2020"},"content":{"rendered":"

The world’s richest 500 billionaires have earned more in 2020, the year of a global pandemic, than 165 million Americans in their lifetime.<\/strong><\/p>\n

\"\"<\/p>\n

Bloomberg’s year-end report<\/strong> on the wealth of the world’s top billionaires shows that the world’s richest 500 people added $1.8 trillion to their wealth in 2020.<\/strong> Thus accumulating a total net worth of $7.6 trillion.<\/p>\n

Fueling the old saying “The rich get richer and the poor get poorer”.<\/strong> <\/em>2020 was affected by global poverty due to the COVID-19<\/a><\/strong>\u00a0pandemic (loss of jobs and imminent bills). Although the Bloomberg Billionaire Index recorded a historic 31 percent increase in profits for the world’s richest people.\u00a0<\/strong><\/p>\n

To put it all into perspective, Dan Price<\/a><\/strong>, entrepreneur and advocate for fair wages tweeted: \u201cThe 500 richest people in the world amassed as much wealth in 2020 as the poorest 165 million Americans have earned in their entire lives.\u201d<\/em> <\/strong>With this continued trend, the future does look bleak as it is forecasted that the pandemic is set to send over 207 million people into extreme poverty.<\/strong><\/p>\n

The entrepreneur also revealed that 26 million Americans could not afford basic groceries.<\/strong> This was largely responsible for the rise in crime last November. This problem is made worse by the fact that approximately 12 million people owe approximately $6,000 in back rent to their landlords.<\/strong><\/p>\n

\"\"<\/p>\n

List of the 5 richest billionaires and their growth in 2020:<\/h2>\n

Jeff Bezos<\/strong> \u2013 $190 Billion USD (+$75.4B USD). Source of richness: Amazon
\nElon Musk<\/strong> \u2013 $170 Billion USD (+$142B USD). Source of richness: Tesla Motors and SpaceX
\nBill Gates<\/strong> \u2013 $132 Billion USD (+$18.6B USD). Source of richness: Microsoft
\nBernard Arnault<\/strong> \u2013 $114 Billion USD (+$9.15B USD). Source of richness: LVMH
\nMark Zuckerberg<\/strong> \u2013 $104 Billion USD (+$25.2B USD). Source of richness: Facebook<\/p>\n","protected":false},"excerpt":{"rendered":"

The world’s richest 500 billionaires have earned more in 2020 than 165 million Americans in a lifetime, according to Bloomberg’s report.<\/p>\n","protected":false},"author":22,"featured_media":163444,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1909],"tags":[2156],"class_list":["post-163453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet-en","tag-mar-piera-en"],"acf":[],"yoast_head":"\nBillionaires increase their wealth in 2020 - HIGHXTAR.<\/title>\n<meta name=\"description\" content=\"The world's richest 500 billionaires have earned more in 2020 than 165 million Americans in a lifetime, according to Bloomberg's report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/highxtar.com\/en\/billionaires-increase-their-wealth-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Billionaires increase their wealth in 2020\" \/>\n<meta property=\"og:description\" content=\"The world's richest 500 billionaires have earned more in 2020 than 165 million Americans in a lifetime, according to Bloomberg's report.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/highxtar.com\/en\/billionaires-increase-their-wealth-in-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"HIGHXTAR.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/highxtar\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-06T11:31:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/highxtar.com\/wp-content\/uploads\/2021\/01\/highxtar-los-multimillonarios-aumentan-su-riqueza-en-2020-destacada.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mar Piera\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@highxtar_\" \/>\n<meta name=\"twitter:site\" content=\"@highxtar_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mar Piera\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/highxtar.com\/en\/billionaires-increase-their-wealth-in-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/highxtar.com\/en\/billionaires-increase-their-wealth-in-2020\/\"},\"author\":{\"name\":\"Mar Piera\",\"@id\":\"https:\/\/highxtar.com\/#\/schema\/person\/861b5d1b459a894df367f295d952c789\"},\"headline\":\"Billionaires increase their wealth in 2020\",\"datePublished\":\"2021-01-06T11:31:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/highxtar.com\/en\/billionaires-increase-their-wealth-in-2020\/\"},\"wordCount\":275,\"publisher\":{\"@id\":\"https:\/\/highxtar.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/highxtar.com\/en\/billionaires-increase-their-wealth-in-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/highxtar.com\/wp-content\/uploads\/2021\/01\/highxtar-los-multimillonarios-aumentan-su-riqueza-en-2020-destacada.jpg\",\"keywords\":[\"Mar Piera\"],\"articleSection\":[\"Internet\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/highxtar.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/highxtar.com\/en\/billionaires-increase-their-wealth-in-2020\/\",\"url\":\"https:\/\/highxtar.com\/en\/billionaires-increase-their-wealth-in-2020\/\",\"name\":\"Billionaires increase their wealth in 2020 - 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