21years Old
Girl, is 2019 world’s youngest billionaire, says Forbes
Capitalism
is taking some lumps—and not just in the headlines. For only the second year in
a decade, both the number of billionaires and their total wealth shrank,
proving that even the wealthiest are not immune to economic forces and weak
stock markets.
By
our latest count there, are 2,153 billionaires, 55 fewer than a year ago. Of
those, a record 994, or 46%, are poorer (relatively speaking) than they were
last year. In total, the ultra-rich are worth $8.7 trillion, down $400 billion
from 2018. Altogether 11% of last year’s list members, or 247 people, dropped
out of the ranks, the most since 2009 at the height of the global financial
crisis.
Asia-Pacific
was the hardest hit, with 60 fewer 10-figure fortunes. That dip was led by
China, which has 49 fewer billionaires than a year ago. Europe, the Middle East
and Africa also lost ground.
The Americas, driven by a resurgent Brazil, and
the U.S. are the only two regions that have more billionaires than they did a
year ago. There are now a record 607 in the U.S. That includes 14 of the
world’s 20 richest. Jeff Bezos is again number 1 in the world, followed by Bill
Gates at number 2.
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