Every year, Forbes, an American business magazine, publishes a list of the most successful entrepreneurs who earn – not millions but billions annually.
And although the world economy went into recession due to the COVID-19 health crisis, it wasn’t enough to stop businesses from flourishing and earning even more.
Forbes’ 35th Annual World’s Billionaires List saw a record-breaking roster this 2021 – with a total of 2,755 billionaires, including 493 newcomers making it in this year’s catalog.
In a statement, the publication said the jump in this year’s list, especially the earnings, was ‘unprecedented.’
“Unprecedented by any measure, especially in a year in which large economies around the world were hampered by the coronavirus pandemic,” the publication wrote.
Overall, the combined wealth of those in the list sky-rocketed to a staggering $13.1 trillion – seeing an increase of more than $5 trillion compared to last year’s sum.
“Altogether they are worth US$13.1 trillion, up from $8 trillion on the 2020 list,” they add.
Taking the first spot for the third consecutive year is Amazon’s CEO – who’s currently worth $177 billion. Coming in second is SpaceX’s Elon Musk with a net worth of $151 billion. In third is LVMH’s Bernard Arnault with $150 billion.
Meanwhile, Microsoft’s Bill Gates and Facebook’s Mark Zuckerberg occupied fourth and fifth place respectively.
In the Philippines, leading the billionaire list is property tycoon Manny Villar – whose fortune rose from $5.7 billion to $7.2 billion despite the pandemic. He’s currently the 352nd richest man in the world.
Villar serves as the chairman of Vista Land & Landscapes, the Vista Mall chain, the Golden Bria, and AllHome Corp.
Other Filipino entrepreneurs who made it to the list include:
- Enrique Razón Jr. – $5 billion
- Lucio Tan – $3.3 billion
- Hans Sy – $3 billion
- Herbert Sy – $3 billion
- Andrew Tan – $3 billion
- Harley Sy – $2.7 billion
- Henry Sy Jr. – $2.7 billion
- Teresita Sy-Coson – $2.7 billion
- Elizabeth Sy – $2.4 billion
- Tony Tan Caktiong – $2.4 billion
- Ramon Ang – $2.2 billion
- Inigo Zobel – $1.4 billion
- Lance Gokongwei – $1.2 billion
- Roberto Ongpin – $1.2 billion
- Ricardo Po Sr. – $1.1 billion
- Edgar Sia II -$1.1 billion
Want more news like this one? Head over to Nation Builder PH Business Section for the latest updates.
Image credit: Forbes’ Official Website