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Top 100 Richest People In The United States – Last year, the wealth controlled by the world’s top 10 billionaires rose to more than $76 billion.
Even in a turbulent market many of the world’s richest have seen their wealth increase as the spread of COVID-19.
Top 100 Richest People In The United States
Today’s infographic includes information on the Forbes Billionaires list and shows a section of the richest people from around the world. focus on climate wealth in the current economic climate
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The table below shows the fortunes of the 10 richest people in the world, comparing the figures of March 5, 2019 with the latest figures of April 22, 2020.
At the top is former Microsoft CEO Steve Ballmer, who has seen his net worth increase by more than $21 billion since March 2019.
The biggest loss was experienced by the famous investor Warren Buffett, whose fortune fell by more than 9 billion dollars last year at the end of 2019. He owns 11% of Delta Air Lines. in April Buffett sold 13 million shares of the airline.
Meanwhile, Mark Zuckerberg’s fortunes are on hold. Surprisingly, the founder of Facebook is still one of the youngest richest people in the world (he is on the 22nd place in 2095), although he first joined the rich club in 2007. Decades have passed.
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Zoom CEO Eric Yuan said that while the demand for online communication continues to grow. Zoom went public in April 2019 in an impressive $9.2 billion IPO. 44.3 billion dollars
Similarly, the Netherlands’ Jitse Groen saw its takeaway company, Takeaway.com, expand significantly. Takeaway.com currently operates in 11 European countries. and received regulatory approval for a $7.6 billion deal with JustEat in April.
Forrest Li, head of online gaming and e-commerce company Sea, joined.
While the global economy is losing confidence and unemployment. Some of the world’s richest people are rising as leaders.
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Twitter CEO Jack Dorsey has donated nearly 25% of his fortune to COVID-19 through a $1 billion donation.
His donation, which is in a donor-advised fund known as Start Small LLC, is four times that of other billionaires. However, after the pandemic, Dorsey also pointed out that the money could be spent on girls’ health and education. as well as basic universal income (UBI).
In total, 77 of the world’s richest people have provided public support related to the COVID-19 pandemic. i.e. only part of the rich bus
As COVID-19 continues to spread around the world. The world’s rich will continue to accumulate wealth at a rapid pace. Or will there be a different picture when extraordinary politics will be recognized worldwide?
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Wealth List: The World’s Top 50 Funds Funding is a non-profit group. Check out the top 50 in the world with a net worth of over $1 million.
Where did Harvard, the Church of England Commissioners, NYC’s Metropolitan Museum of Art and Saudi Arabia’s King Abdullah meet? They all have a gift fund.
The proceeds are pooled and invested in non-profit organizations such as universities, charities and churches. The purpose of this fund is to invest the company’s assets for the development of the operations and the future.
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The world’s largest hedge fund has billions in investment assets. Using data from the Independent Wealth Management Institute, here we take a closer look at the world’s largest mutual funds by assets.
Also, each gift fund has a different structure when it comes to withdrawals. general investment philosophy and money management
Consensus The 50 largest mutual funds have more than $1 million in assets. Or look at Harvard’s money, whose contributions exceed the entire GDP of countries like Serbia, Bolivia or Slovenia.
A major endowment fund, Ensign Peak Advisors, is based in Salt Lake City, Utah, and manages assets for the Mormon church. The church has over 16 million members worldwide and is the fourth largest church in the United States.
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The Japan Agency for Science and Technology (JST) is a national research and development agency that plays an important role in promoting technology, innovation and science in society. In 1995, the Japanese government approved the Science and Technology Program, which was launched by JST. About Health It currently has assets of over $80 billion, with offices in Paris, Washington, Singapore and Beijing.
Only two currencies come from the Middle East. King Abdullah University of Science and Technology (KAUST) with its $23.5 billion Awqaf KAUST is ranked 95th among universities in the world and has made history in the country as the first mixed gender university in Arabia Saudi Arabia.
The General Awqaf Foundation has assets of 11 billion dollars and was established as a public institution responsible for managing endowments and promoting its goals. “Awqaf” in Arabic refers to property donated or purchased for public or private purposes to help the family.
On the environmental side there is conservation, which has assets of 7.8 billion. This grant is expected to protect more than 100 million hectares.
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The university is one of the world’s leading endowment funds. Especially American universities. In fact, universities make up 39 of the top 50, 35 of which are in the United States.
In the past, Harvard was big, but Stanford has dominated in recent years. Stanford has an endowment of $75 billion, compared to Harvard’s $73 billion. Most of this money has not gone public. And top universities face criticism in some quarters.
“When Harvard has a 1,400-year-old graduate school – and they have a gift that represents the GDP of El Salvador – it’s not profit. It’s a hedge fund raising the children of investors.” – Professor Scott Galloway
Increase student debt to $1.6 trillion. Those universities can be highly criticized for the way they use their financial resources.
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Top Endowment Funds play an important role in the financial world. All while they have billions to invest. But everyone has different goals and objectives for spending their money.
And although it is a non-profit organization But the endowment fund sees their assets in general larger than other investment funds, such as private funds. hedge funds and private equity firms
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Elon Musk is currently the richest person with a net worth of $198 billion, which is $60 billion more than his current net worth of $138 billion.
That should come as no surprise given how Tesla’s stock has performed over the years. While many skeptics predicted Tesla’s eventual implosion, including well-known investor Michael Burry, the car’s value has continued to rise so far.
With a current market cap of $768 billion. Tesla is worth more than the next 6 automakers combined.
Musk takes the top spot just months after Jeff Bezos became the world’s richest person. However, it’s worth noting that things can change at the drop of a hat. Since both are neck to neck.
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In third place is Bernard Arnault, CEO of luxury conglomerate Louis Vuitton Moët Hennessy (LVMH), which owns Louis Vuitton, Dior, Fendi, Loro Piana and Bulgari, the richest man in the world. in May
Given that technology in the United States is expected to grow in the coming years. America’s tech giants will likely continue to dominate the future.
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