The World's Billionaires

Real Estate Market in China Facing Collapse – Threat of a Domino Effect

Yang Huiyan, one of the wealthiest Chinese women and the president of real estate giant Country Garden, has reportedly lost more of her wealth in the past two years than any other billionaire in the world, and her construction conglomerate is on the brink of bankruptcy, according to Bloomberg, as reported by Jutarnji.

Two Bulgarians in the Forbes list of the Richest in the World

Bulgaria has found a place in the ranking of billionaires (in US dollars) of Forbes magazine with the brothers Kiril and Georgi Domuschievi.

In an article on the distribution of the richest in the world, Forbes points out that four countries have their representatives in the club of billionaires for the first time: Bulgaria, Barbados, Estonia and Uruguay.

The Pandemic has made the Super-Rich even Richer

The share of world wealth held by billionaires increased at a record high during the pandemic, Reuters reported, citing a study released today.

According to the World Inequality Report prepared by social science experts, in 2021 billionaires own 3.5 percent of global household wealth, compared to just over 2 percent before the 2020 pandemic.

Billionaires’ share of global wealth soars during pandemic

The share of global wealth of the world's richest people soared at a record pace during the Covid pandemic, a report on inequality showed on Dec. 7.    

Since 1995, the slice held by billionaires has risen from one percent to three percent, according to the World Inequality Report.    

Jeff Besos Ex-wife MacKenzie Donates 2.7bn USD

Billionaire MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, has donated another .7bn  to a range of charities.

Ms Scott said in a blog post that she wanted to give the money to those "that have been historically underfunded and overlooked".

She wrote that she had chosen 286 organisations working on racial inequality, the arts and education.

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