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Hurun Global Rich List 2021: World adds 8 billionaires a week in 2020

Hurun Global Rich List 2021: Country-wise, China leads with the most number of billionaires at 1058, followed by the US (696), India (177), Germany, the United Kingdom and Switzerland at over 100 each

Illustration by Ajay Mohanty
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Of all global billionaires, 71 per cent are self-made and only 29 per cent have inherited the wealth

Puneet Wadhwa New Delhi
The world added 8 billionaires a week in 2020 – 421 in a year – taking their total number to a record 3,288, according to the 10th Edition of Hurun Global Rich List 2021 released Tuesday. Despite the COVID-19 pandemic, the total wealth of all billionaires across the globe surged 32 per cent during the period under review to $14.7 trillion.

“Billionaires have added in the past year the equivalent of the gross domestic product (GDP) of Germany to take their wealth to the equivalent of China. They added $3.5 trillion to take their total wealth to $14.7 trillion, a