Amazon.com founder Jeff Bezos has topped the Forbes annual world billionaires list for the fourth consecutive year.
This year, the ranks of the ultra-wealthy expanded to a record-breaking 2,755 billionaires, despite the coronavirus pandemic that has ravaged economies and threatened the livelihoods of people across the globe.
According to the publication, this year’s billionaires are worth a combined $13.1 trillion, up from $8 trillion last year.
“The very, very rich got very, very richer,” said Forbes’ Chief Content Officer Randall Lane, in an interview with Reuters Video News.
Tesla Chief Executive Elon Musk jumped into second spot on the list, up from 31st last year.
Bernard Arnault, chief executive of luxury goods firm LVMH, Microsoft founder Bill Gates and Facebook Chief Executive Mark Zuckerberg round out the top five of the world’s richest billionaires.
Investor and business tycoon Warren Buffett fell out of the top five for the first time in over two decades, as tech executives dominate the Forbes rankings.