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The Richest People in the World in 2021

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richest people in the world November 2021

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Visualizing the Richest People in the World

Over $890 billion has been amassed by the ten wealthiest people since March 2020.

To put that into perspective, that’s more than the entire economic output of Sweden, Turkey, or Saudi Arabia. As just one example, Elon Musk witnessed his wealth increase at least 1,116% in the last year and a half. Meanwhile, Amazon’s Jeff Bezos has earned an additional $89 billion.

With data from the Forbes Real-Time Billionaires List, we navigate how the wealth of various uber-affluent groups have changed since the beginning of the pandemic.

The 10 Richest People in the World

With a net worth of $304 billion, Elon Musk is the wealthiest in the world.

Boosting his wealth is a $100 billion valuation of SpaceX. Since February, its valuation has jumped roughly $25 billion, placing it among the most valuable private companies worldwide. The majority of Musk’s wealth, however, derives from Tesla, which recently moved its headquarters from California to Austin, Texas.

Based on data as of November 8, 2021 here are the ten wealthiest individuals worldwide:

RankNameSourceNet Worth Nov 2021Net Worth Mar 2020Change 2020-2021
1Elon MuskTesla, SpaceX$301B$25B$276B
2Jeff BezosAmazon$202B$113B$89B
3Bernard Arnault & familyLVMH$197B$76B$121B
4Bill GatesMicrosoft$139B$98B$41B
5Larry EllisonOracle$130B$59B$71B
6Larry PageGoogle$127B$51B$76B
7Sergey BrinGoogle$122B$49B$73B
8Mark ZuckerbergMeta (Facebook)$121B$55B$66B
9Steve BallmerMicrosoft$106B$69B$37B
10Warren BuffettBerkshire Hathaway$105B$68B$37B

Top 10 Wealth Growth

Since the onset of the pandemic, Musk has seen his wealth grow the fastest out of the top 10. Over the third quarter of 2021, Tesla net income topped $1.6 billion—a company record. This surge helped the entrepreneur become the first person to cross the $300 billion net worth threshold.

Yet once again, Musk surpassed Jeff Bezos as the richest person in the world. This is impressive, since Jeff Bezos’s wealth ballooned over 79% in the same time frame. Similarly, Zuckerberg, Gates, and Buffett have all seen double or triple-digit growth.

Billionaires Wealth Growth Nov 2021

Following Musk and Bezos is Bernard Arnault, known as “The Wolf in Cashmere”. The French magnate has made over $121 billion spurred by a 43% jump in LVMH revenues over 2021. Earlier this year, LVMH closed a $15.8 billion acquisition of jewelry retailer Tiffany & Co.

On average, the top 10 richest have seen gains of 204% over the course of the pandemic. Unsurprisingly, the majority were in tech.

Who’s In and Who’s Out?

As of early August, Rihanna joins the billionaire’s club with an estimated $1.7 billion net worth.

Thanks to the rapid ascent of Fenty Beauty (of which she owns a 50% stake), Rihanna is the second-wealthiest female entertainer in the world, following Oprah at $2.7 billion. The company is focused on inclusivity, offering a broad set of products for every skin type. Launched in 2017 with LVMH (who owns the other 50% stake), Fenty Beauty currently sits at a $2.8 billion valuation.

By contrast, last year’s youngest billionaire, Kylie Jenner, fell off the list after allegedly inflating her net worth. Interestingly, the Kardashian’s took great lengths to show Forbes the extent of her wealth, including showing them their tax returns along with invitations to their mansions.

Still, Jenner’s net worth stands at roughly $700 million.

A New Gilded Age?

Given the staggering growth of the ultra-wealthy in recent years, today’s wealth concentration is now comparable to America’s Gilded Age.

At the time, John D. Rockefeller was the richest person in the world—worth roughly $285 billion in today’s terms. His businesses produced 1.6% of total U.S. economic output.

By comparison, Elon Musk, at over $304 billion, still has a little ways to go just yet.

The data and graphics were last updated on November 8th, 2021.

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Debt

Top 10 Countries Most in Debt to the IMF

Argentina tops the ranking, with a debt equivalent to 5.3% of the country’s GDP.

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Bar chart showing the 10 countries most in debt to the IMF.

Top 10 Countries Most in Debt to the IMF

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Established in 1944, the International Monetary Fund (IMF) supports countries’ economic growth by providing financial aid and guidance on policies to enhance stability, productivity, and job opportunities.

Countries seek loans from the IMF to address economic crises, stabilize their currencies, implement structural reforms, and alleviate balance of payments difficulties.

In this graphic, we visualize the 10 countries most indebted to the fund.

Methodology

We compiled this ranking using the International Monetary Fund’s data on Total IMF Credit Outstanding. We selected the latest debt data for each country, accurate as of April 29, 2024.

Argentina Tops the Rank

Argentina’s debt to the IMF is equivalent to 5.3% of the country’s GDP. In total, the country owns more than $32 billion.

CountryIMF Credit Outstanding ($B)GDP ($B, 2024)IMF Debt as % of GDP
🇦🇷 Argentina32604.35.3
🇪🇬 Egypt11347.63.1
🇺🇦 Ukraine9188.94.7
🇵🇰 Pakistan7374.71.8
🇪🇨 Ecuador6121.64.9
🇨🇴 Colombia3386.10.8
🇦🇴 Angola392.13.2
🇰🇪 Kenya3104.02.8
🇬🇭 Ghana275.22.6
🇨🇮 Ivory Coast286.92.3

A G20 member and major grain exporter, the country’s history of debt trouble dates back to the late 1890s when it defaulted after contracting debts to modernize the capital, Buenos Aires. It has already been bailed out over 20 times in the last six decades by the IMF.

Five of the 10 most indebted countries are in Africa, while three are in South America.

The only European country on our list, Ukraine has relied on international support amidst the conflict with Russia. It is estimated that Russia’s full-scale invasion of the country caused the loss of a third of the country’s economy. The country owes $9 billion to the IMF.

In total, almost 100 countries owe money to the IMF, and the grand total of all of these debts is $111 billion. The above countries (top 10) account for about 69% of these debts.

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