August 5, 2021

billionaires do not know the crisis

“It was a year like no other and we are not talking about a pandemic”, begins the English version of the ranking Forbes. While the coronavirus crisis could plunge 100 million people into extreme poverty in the coming months, billionaires are getting richer. They are even more and more numerous.

Thus, in 2020, 660 new billionaires made their entry into the famous annual ranking of billionaires of the economic magazine Forbes. 493 appear there for the first time, this is notably the case of the four French Stephane Bancel, Olivier Pomel, Francois Feuillet and Yves-Loïc MartinAs the magazine summarizes, in 2020, “there was a new billionaire every 17 hours”.

The cumulative fortune of these 2,755 billionaires now stands at $ 13.1 trillion. In comparison, “Germany’s GDP in 2020 was $ 4.4 trillion”, as stated by the Belgian daily La Libre Belgique.

Among the new arrivals, mostly Chinese

Most of the new arrivals are Chinese. Effect, Forbes reveals that 210 of the new billionaires come from China and Hong Kong.

Among them precisely, Chen Zhiping, CEO of Smoore International, an investment holding company, is ranked 121st with a fortune estimated at $ 15.9 billion.

The Hong Kong founder and CEO of quantitative trading firm Alameda Research and FTX Exchange, Sam Bankman-Fried He also made his debut in the famous ranking, rising to 274 places with a fortune estimated at 8.7 billion dollars.

New arrivals this time from the United States: Miriam Adelson, the widow of Sheldon Adelson, the former CEO and president of casino company Las Vegas Sands, climbs to 36th place ($ 38.2 billion), becoming the richest Israeli-American in the world.

A la 184ème place, Jeff Yass, the co-founder and CEO of Susquehanna International Group joins the long list of the richest personalities in the world (12 billion dollars).

On the general ranking, the United States and China are the countries with the most billionaires: “The United States is still in the lead, with 724 billionaires, followed by China (including Hong Kong and Macao) which has 698 billionaires”, indicates the American magazine.

Jeff Bezos remains the richest man in the world

With a fortune estimated at over 188 billion dollars, Jeff Bezos, the CEO of Amazon, leader in e-commerce retains his place as the richest personality in the world.

It is followed byElon Musk, the co-founder and director of Tesla, SpaceX, Neuralink and The Boring Company whose fortune amounts to 151 billion dollars in 2020, a jump of 126 billion as indicated by La Libre Belgique. French Bernard Arnault, CEO of LVMH, gets the third step of the podium with the accursed sum of 150 billion dollars.

  • Find here the ranking of the 10 richest personalities in the world
Ranking of the 10 richest people in the world in the annual ranking of billionaires by the business magazine & lt; em & gt; Forbes & lt; / em & gt ;.

The French Top 10 remains unchanged

The top 10 in the ranking of French billionaires remains unchanged, however, all of them saw their fortunes increase in 2020.

  • The top three: Arnault – Bettencourt Meyers – Pinault

On the French side, the president of the luxury leader LVMH, Bernard Arnault, remains in the lead with a fortune estimated by the magazine at 125.2 billion euros ahead of Françoise Bettencourt Meyers heir to L’Oréal (61.4 billion) and Francois Pinault of the luxury group Kering (35.3 billion).

Follow the brothers Alain and Gérard Wertheimer, owners of Chanel (28.8 billion each), Emmanuel Besnier, heir to Lactalis (15.9 billion), Patrick drahi, owner via Altice of BFM, Liberation and RMC (9.8 billion), Rodolpe Saade from the French shipowner CMA-CGM (9 billion), Xavier Niel owner of Iliad-Free and Le Monde (7.3 billion) and Alain Merieux of the bioMérieux pharmaceutical empire (6.8 billion).

Who are these four new French billionaires?

France rose in the Forbes ranking from 39 to 42 billionaires between 2019 and 2020, Olivier Dassault who died in a helicopter crash in March was removed from the ranking.

  • Stéphane Bancel, CEO of Moderna Therapeutics

Holding 8% of the capital of Moderna Therapeutics, an American company at the forefront of the anti-Covid vaccine race, its French CEO Stéphane Bancel makes an entry directly to 23rd place in the Forbes ranking with a fortune estimated at 3.5 billion euros .

  • Olivier Pomel, PDG of Datadog

Second entry, that of Olivier Pomel, in 34th place with 1.5 billion euros. The CEO of the cloud watch company Datadog owns 6% of the shares which saw their price soar by 39% after the first day of listing on the Nasdaq, according to the magazine. The market capitalization of the company he co-founded and which is present in 24 countries has already reached 10 billion euros.

  • François Feuillet, CEO of Trigano

François Feuillet follows in 35th place with a fortune of 1.5 billion euros. The CEO of Trigano holds 58% of the shares of this leading European group of motorhomes and owns 9.5 hectares of fine vines, according to Forbes.

  • Yves-Loïc Martin, co-founder of the Eurofins Scientific analysis laboratories

Finally, Yves-Loïc Martin, enters 36th place with 1.4 billion euros. He is the brother of Gilles Martin who founded the Eurofins Scientific analysis laboratories, positioned in the food industry, pharmacy, environment and medical biology. He is now a director and owns 11% of the shares, according to Forbes.

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