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The world's 500 wealthiest people got $1 trillion richer in 2017
On paper, or rather, the 0s and 1s equivalent. If everyone tried to liquidate his holdings all at once, he might find he gets somewhat less than expected.
WorldViews
The world's 500 wealthiest people got $1 trillion richer in 2017
By Amanda Erickson December 27 at 12:09 PM
The world's richest people got a whopping $1 trillion richer in 2017, according to a new report from Bloomberg News. That's about four times the gains they made last year.
That data comes courtesy of the Bloomberg Billionaires Index, which tracks and ranks the world’s 500 richest people. It attributes much of the economic growth to the stock market's record-high year. (The MSCI World and Standard & Poor’s 500 indexes grew about 20 percent this year.)
Jeffrey P. Bezos, founder of Amazon, clocked in as the world's richest person, gaining $34.2 billion in wealth. (Bezos owns The Washington Post.) Microsoft co-founder Bill Gates came in at No. 2. Bezos is worth about $99.6 billion, according to Bloomberg. Gates is valued at $91.3 billion.
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Amanda Erickson writes about foreign affairs for The Washington Post. Previously, she worked as an editor for Outlook and PostEverything. Follow @AmandaWaPo
The world's 500 wealthiest people got $1 trillion richer in 2017
By Amanda Erickson December 27 at 12:09 PM
The world's richest people got a whopping $1 trillion richer in 2017, according to a new report from Bloomberg News. That's about four times the gains they made last year.
That data comes courtesy of the Bloomberg Billionaires Index, which tracks and ranks the world’s 500 richest people. It attributes much of the economic growth to the stock market's record-high year. (The MSCI World and Standard & Poor’s 500 indexes grew about 20 percent this year.)
Jeffrey P. Bezos, founder of Amazon, clocked in as the world's richest person, gaining $34.2 billion in wealth. (Bezos owns The Washington Post.) Microsoft co-founder Bill Gates came in at No. 2. Bezos is worth about $99.6 billion, according to Bloomberg. Gates is valued at $91.3 billion.
....
Amanda Erickson writes about foreign affairs for The Washington Post. Previously, she worked as an editor for Outlook and PostEverything. Follow @AmandaWaPo
