Forbes magazine lists Elon Musk as the richest person in the world.
(Photo: dpa)
Berlin The ten richest people in the world have doubled their wealth to $1.5 trillion during the coronavirus pandemic, according to Oxfam. In Germany, the ten richest people have increased their cumulative wealth from $144 billion to around $256 billion, according to a report published by the development aid organization on Monday.
This is an increase of about 78 percent. “For billionaires, the pandemic is like a gold rush,” said Oxfam spokesman Manuel Schmitt. “Governments have pumped billions into the economy, but much of it has gone to people who benefit most from rising stock prices.”
Citing data from Forbes magazine, Oxfam lists Tesla CEO Elon Musk as the richest person in the world with a US fortune of $294.2 billion, followed by Amazon founder Jeff Bezos and French billionaire Bernard Arnault.