Tag: rich list

By Sheila Dang for Reuters / IOL

Forbes’ annual world’s billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday.

The ranks of the ultra-wealthy are expanding after a year in which the coronavirus pandemic upended world economies and threatened the livelihoods of people across the globe.

This year’s billionaires are worth a combined $13.1 trillion (R190.08 trillion), up from $8 trillion last year, Forbes said.

“The very, very rich got very, very richer,” said Forbes’ chief content officer Randall Lane, in an interview with Reuters Video News.

Tesla Chief Executive Elon Musk jumped into second spot on the list, up from 31st last year.

Bernard Arnault, chief executive of luxury goods firm LVMH, Microsoft founder Bill Gates and Facebook Chief Executive Mark Zuckerberg round out the top five of the world’s richest billionaires.

Investor and business tycoon Warren Buffett fell out of the top five for the first time in over two decades, as tech executives dominate the Forbes rankings.

This year’s list has 493 newcomers, including Whitney Wolfe Herd, chief executive of dating app Bumble, which went public this year.

The 10 most wealthy people in the world are:

  1. Jeff Bezos
  2. Elon Musk
  3. Bernard Arnault
  4. Bill Gates
  5. Mark Zuckerberg
  6. Warren Buffet
  7. Larry Ellison
  8. Larry Page
  9. Sergey Brin
  10. Mukesh Ambani

South Africa’s richest people

According to the 2019 South African Wealth Report by New World Wealth, South Africa’s richest people are:

  • Diamond magnate Nicky Oppenheimer, with a net worth of $7.3 billion
  • Luxury goods boss Johann Rupert, with a net worth of $5.5 billion
  • Mining and minerals tycoon Patrice Motsepe, with a net worth of $2.4 billion
  • Media mogul Koos Bekker, with a net worth of $2.3 billion
  • Capitec founder Michiel le Roux, with a net worth of $1.2 billion

Here are some stats on the wealthy, as per The Citizen:

  • South Africa has 40 000 dollar millionaires
  • There are five dollar billionaires living in the country
  • Nine more dollar billionaires were born in SA but no longer live here, such as Douw Steyn
  • 16 600 dollar millionaire call Johannesburg home
  • Total private wealth held by people in SA totals $649-billion
  • SA is the 31st largest wealth market in the world
  • There are about 2 200 homes in South Africa valued at more than R20-million – and Johannesburg and Cape Town have 900 of them
  • The most expensive streets in the country are in Cape Town, with property fetching R90 000 a square metre
  • Financial and professional services (30%), real estate (16%) and tech and telecoms (9%) account for the sectors where the rich made their money
  • The most lucrative university degrees in terms of percentages of high net-worth individuals (HNWIs) are law (28%), finance and economics (19%) and accounting (9%)
  • An estimated 3 000 HNWIs have emigrated from South Africa in the past 10 years

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My Office News Ⓒ 2017 - Designed by A Collective


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