Bezos, Musk smash records as world's richest add $1.8 trillion in 2020

Billionaires have always traveled in a different orbit than the rest of us. Nicer things, more power, rocket-launching stations. But 2020 threw that gulf into stark relief.

While much of the world grappled with soaring unemployment and plunging growth, the 0.001% benefited from unprecedented wealth creation.

The world’s 500 richest people added $1.8 trillion to their combined net worth this year and are now worth $7.6 trillion, according to the Bloomberg Billionaires Index. Equivalent to a 31 per cent increase, it’s the biggest annual gain in the eight-year history of the index and a $3 trillion jump from the market’s nadir in