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In 2020, the world gained 493 new billionaires—that’s one every 17 hours.
I hate statistics like these, because they give math-deficient mouth breathers the impression that this is an ongoing thing--that every 17 hours a new billionaire is minted, which isn't true.Anyway, neat infographic OP. I'm not surprised that China has so many billionaires, nor that New York had as many as it does. In fact, if I would have had to guess before looking at the number I probably would have guessed it was in the hundreds. Manhattan alone is the home of tons of rich folks--but I guess $1B is truly a lot of money.
And why were so many new billionaires made in 2020? My guess is the performance of the stock market, which has made a lot of newly-wealthy individuals. Even people who have no clue what they're doing in the stock market have made fortunes. It's a crazy time we're living in.
