At the end of July 2020, the dollar billionaires owned a record $ 10.2 trillion. This is evidenced by the results of a joint study by consulting and auditing company PwC and UBS Bank, published on Wednesday, October 7.
The previous peak of $ 8.9 trillion was recorded in 2017.
Now the number of billionaires has increased to 2,189 thousand compared to 2,158 thousand in 2017.
According to the report, at the beginning of April 2020, there were 2.058 thousand billionaires in the world (43 less than a year earlier), whose acquired wealth amounted to $ 8 trillion ($ 564 billion lower than a year earlier).
“As this is the exceptional year, we have decided to further expand the scope of our study and go beyond the standard time frame of analysis to take into account the recovery of the stock market after the crash caused by COVID-19 in March 2020,” the statement said.
It is noted that the richest people from March to June spent more to fight the pandemic than ever before. More than 200 billionaires have publicly announced the allocation of the total of more than $ 7.2 billion, including financial donations ($ 5.5 billion), as well as industrial goods and equipment.
At the same time, the fortunes of the American billionaires from 2009 to 2020 increased by 170% and currently amount to almost $ 3.609 trillion. In the mainland of China, the value of the assets of wealthy people soared 12.5 times – to $ 1.681 trillion. In Germany, the figure increased by 175% and reached $ 595 billion, in Russia – by 80%, to $ 467.6 billion, in France – by 439%, to $ 443 billion, in India – by 90%, to $ 423 billion, in Hong Kong – by 208%, to $ 356 billion.
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Shares of General Motors, down by 3.7% since the beginning of the year, rose by 3.9% in trading after the company announced the results of the 3rd quarter, which ended on September 30. General Motors reported earnings per share increase of 65% to $ 2.83, which was higher than analysts expected $ 1.38. The amount […]
AMC Entertainment Holdings, which owns the world’s largest network of cinemas, presented its financial report for the third quarter of 2020. His company ended with a net loss of $ 906.5 million – 16.5 times worse than last year. In the third quarter, the company’s cinemas began to reopen after a five-month of lockdown due […]
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The net loss of the second largest American oil and gas company Chevron, which accounts for the parent company, in the first nine months of 2020 amounted to 4.878 billion dollars against a profit of 9.534 billion dollars a year earlier, the company said. The diluted loss per share was $ 2.63 against earnings of […]
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Shares of AT&T, which have lost 27.6% of value since the beginning of the year, rose up to 5.8% on Thursday after the publication of better-than-expected Wall Street analysts, earnings for the 3rd quarter, which ended on September 30. AT&T reported earnings per share of $ 0.76, which is 19% below last year’s value, but […]
According to the National Bureau of Statistics of China, the country’s GDP grew by 4.9% year on year in the third quarter. China’s economy is recovering the fastest in the world from the COVID-19 pandemic – GDP decline by closing factories and quarantine in the first quarter of the year already fully compensated, and the […]
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The international manufacturer of goods and raw materials in the bakery, patisserie and chocolate sectors Puratos built a plant in Odessa region. “Puratos will launch its own production of ingredients for the baking and confectionery industry in the Odessa region “, – said in the statement. The business of the company focused on meeting the […]
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