By Celine Castronuovo - 01/02/21 10:12 AM EST
The world’s 500 richest people added approximately $1.8 trillion to their combined wealth in 2020, bringing them to a total net worth of $7.6 trillion, according to the Bloomberg Billionaires Index.
Bloomberg noted that the 31 percent increase, which came even amid the economic crisis spurred by the coronavirus pandemic, is the largest annual gain in the index’s eight-year history.
The growth mainly reached those at the very top, where five people now each hold more than $100 billion, with another 20 individuals each worth at least $50 billion.
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