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Making Billions: The Richest People in the World



billionaires world's richest people

The Richest People in the World

In the last year, the wealth controlled by the world’s top 10 billionaires has jumped by over $76B.

Even in the teeth of jittery markets, many of the world’s richest people have seen their wealth surge to new heights as COVID-19 unfolds.

Today’s infographic draws data from Forbes Billionaire’s List and shows a broad cross-section of the world’s billionaires – highlighting their stratospheric wealth in the current economic climate.

Wealth in Astonishing Circumstances

The below table shows the fortunes of the world’s 10 richest people, comparing the numbers from March 5, 2019 to the most recent data from April 22, 2020.

RankNameNet Worth 2020*Net Worth 2019*Change 2019-2020
#1Jeff Bezos$145B$131B+$14.1B
#2Bill Gates$104B$97B+$7.1B
#3Bernard Arnault & Family$92B$76B+$15.5B
#4Warren Buffett$73B$83B-$9.1B
#5Mark Zuckerberg$69B$62B+$6.5B
#6Larry Ellison$66B$63B+$3.4B
#7Steve Ballmer$63B$41B+$21.3B
#8Amancio Ortega$61B$63B-$2.2B
#9Larry Page$58B$51B+$7.6B
#10Jim Walton$57B$45B+$12.0B
Total Change+$76.2B

Source: Forbes – *As of April 22, 2020 **As of March 5, 2019

Gaining the highest across the top 10 is former Microsoft CEO Steve Ballmer, who saw his fortune rise over $21 billion since March 2019.

Facing the steepest losses belong to investing luminary Warren Buffett, whose net worth has dropped over $9 billion over the past year. At year-end 2019 Buffett was a 11% shareholder in Delta Airlines. In April, Buffett sold 13 million shares in the airline.

Meanwhile, Mark Zuckerberg’s fortune is holding steady. Amazingly, the Facebook founder still remains one of the world’s youngest billionaires (ranking 22nd out of 2,095) despite first joining the billionaire club a dozen years ago.

Newcomers to the List

As a new decade begins, who are among the most newly-minted billionaires?

Eric Yuan, CEO of Zoom has climbed in the ranks as online video communication demand soars. Zoom went public in April 2019 at a stunning $9.2 billion IPO valuation. As of April 24, 2020, Zoom was valued at over $44.3 billion.

RankNameNet WorthSource of Wealth
#1Eric Yuan$7.8BZoom
#2Anthony von Mandl$3.9BMark Anthony Brands
#3Larry Xiangdong Chen$3.6BGSX Techedu
#4Dmitry Bukhman$3.1BPlayrix
#5Igor Bukhman$3.1BPlayrix
#6Sun Huaiqing$3.0BGuangdong Marubi Biotechnology
#7Forrest Li$2.4BSea Group
#8Byju Raveendran$1.7BByju's
#9Jitse Groen$
#10Qian Ying$1.5BMuyuan Foods

*As of April 22, 2020

Similarly, Netherland’s Jitse Groen has witnessed his food-delivery company expand extensively. currently operates in 11 countries across Europe and received regulatory approval to complete a $7.6 billion merger with JustEat in April.

Forrest Li who runs Sea, an online-gaming and e-commerce company, has similarly joined the ranks. Tencent and private equity firm General Atlantic are among its major stakeholders.

The COVID-19 Response

As the global economy contends with a loss of confidence and job losses, some of the world’s richest people are stepping up to the plate.
Billionaires with COVID-19 donations

Twitter CEO Jack Dorsey is donating roughly 25% of his net worth to COVID-19 in the form of Square stock, valued at $1B.

His donation, which was placed in a donor-advised fund called Start Small LLC, is more than four times higher than any other billionaire. That said, after the pandemic, Dorsey also stated that this money may also go towards girl’s health and education, as well as universal basic income (UBI).

RankNameCOVID-19-Related Donation% of Net Worth
#1Jack Dorsey$1B25.6%
#2Bill & Melinda Gates$255M0.2%
#3Azim Premji$132M2.2%
#4Andrew Forrest$100M+1.2%+
#5Jeff Bezos$100M0.1%
#6Michael Dell$100M0.4%
#7Lynn Schusterman, Stacy Schusterman$70M2.1%
#8Amancio Ortega$68M0.1%
#9Nicky Oppenheimer$54.5M0.7%
#10Johann Rupert$54.5M1.1%

*As of April 15, 2020

Overall, 77 of the world’s billionaires have made public contributions related to the COVID-19 pandemic, just a fraction of the world’s ultra-rich.

As COVID-19 continues to spread globally, will the world’s billionaires still accumulate wealth at greater speeds, or will a different picture emerge as unconventional policies around the world become increasingly commonplace?

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Charted: Public Trust in the Federal Reserve

Public trust in the Federal Reserve chair has hit its lowest point in 20 years. Get the details in this infographic.



The Briefing

  • Gallup conducts an annual poll to gauge the U.S. public’s trust in the Federal Reserve
  • After rising during the COVID-19 pandemic, public trust has fallen to a 20-year low


Charted: Public Trust in the Federal Reserve

Each year, Gallup conducts a survey of American adults on various economic topics, including the country’s central bank, the Federal Reserve.

More specifically, respondents are asked how much confidence they have in the current Fed chairman to do or recommend the right thing for the U.S. economy. We’ve visualized these results from 2001 to 2023 to see how confidence levels have changed over time.

Methodology and Results

The data used in this infographic is also listed in the table below. Percentages reflect the share of respondents that have either a “great deal” or “fair amount” of confidence.

YearFed chair% Great deal or Fair amount
2023Jerome Powell36%
2022Jerome Powell43%
2021Jerome Powell55%
2020Jerome Powell58%
2019Jerome Powell50%
2018Jerome Powell45%
2017Janet Yellen45%
2016Janet Yellen38%
2015Janet Yellen42%
2014Janet Yellen37%
2013Ben Bernanke42%
2012Ben Bernanke39%
2011Ben Bernanke41%
2010Ben Bernanke44%
2009Ben Bernanke49%
2008Ben Bernanke47%
2007Ben Bernanke50%
2006Ben Bernanke41%
2005Alan Greenspan56%
2004Alan Greenspan61%
2003Alan Greenspan65%
2002Alan Greenspan69%
2001Alan Greenspan74%

Data for 2023 collected April 3-25, with this statement put to respondents: “Please tell me how much confidence you have [in the Fed chair] to recommend the right thing for the economy.”

We can see that trust in the Federal Reserve has fluctuated significantly in recent years.

For example, under Alan Greenspan, trust was initially high due to the relative stability of the economy. The burst of the dotcom bubble—which some attribute to Greenspan’s easy credit policies—resulted in a sharp decline.

On the flip side, public confidence spiked during the COVID-19 pandemic. This was likely due to Jerome Powell’s decisive actions to provide support to the U.S. economy throughout the crisis.

Measures implemented by the Fed include bringing interest rates to near zero, quantitative easing (buying government bonds with newly-printed money), and emergency lending programs to businesses.

Confidence Now on the Decline

After peaking at 58%, those with a “great deal” or “fair amount” of trust in the Fed chair have tumbled to 36%, the lowest number in 20 years.

This is likely due to Powell’s hard stance on fighting post-pandemic inflation, which has involved raising interest rates at an incredible speed. While these rate hikes may be necessary, they also have many adverse effects:

  • Negative impact on the stock market
  • Increases the burden for those with variable-rate debts
  • Makes mortgages and home buying less affordable

Higher rates have also prompted many U.S. tech companies to shrink their workforces, and have been a factor in the regional banking crisis, including the collapse of Silicon Valley Bank.

Where does this data come from?

Source: Gallup (2023)

Data Notes: Results are based on telephone interviews conducted April 3-25, 2023, with a random sample of –1,013—adults, ages 18+, living in all 50 U.S. states and the District of Columbia. For results based on this sample of national adults, the margin of sampling error is ±4 percentage points at the 95% confidence level. See source for details.

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