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Tech billionaire Elon Musk outlines his plans to colonise Mars at Mexico's International Astronautical Congress. As Covid-19 led to dislocation and suffering across the globe, the world’s wealthiest people were amassing ever more vast fortunes, the 2021 According to Forbes – based on stock prices and exchange rates on March 5 – all the billionaires in the world are now worth US$13.1 trillion (NZ$18.67t), a whopping increase from US$8 trillion in 2020. Jeff Bezos (left) and Elon Musk – according to Forbes the world’s wealthiest and second-wealthiest people. There are now an unpre...

Beijing dethrones New York City as Billionaire Capital of the World 6 hours ago Beijing gained 33 new billionaires in 2020, bringing its total to 100 Five Chinese cities ranked among the top 10 globally with the most billionaires According to Forbes annual World’s Billionaires List for 2021, for the first time ever Beijing has become the new global billionaire hub. China’s capital city gained 33 new billionaires in 2020, bringing its total to 100. In doin so, Beijing narrowly beat New York City that Big Apple added only seven new billionaires in the same time span and had a total of 99 bi...

Don't show me this message again✕ A general view of Beijing on 11 April, 2018. The city added 33 billionaires last year (AFP via Getty Images) Beijing now has more billionaires than any other city in the world, narrowly beating New York which held the ranking for the last seven years. The Chinese capital added 33 billionaires last year, taking its total to 100, as the country bounced back quickly from the Covid-19 pandemic that originated in Wuhan, according to the 2021 Forbes World’s Billionaires list. New York is home to 99 billionaires. Beijing’s wealthiest newcomer is 34-year-o...

Forbes has just unveiled the 2021 edition of the World's Billionaires List. Despite the global pandemic, the rich are getting richer and some even amassing fortune well very early on in their life. Over the years, a handful of billionaires have debuted on the list while still a teenager. German heir Kevin David Lehmann is currently the youngest billionaire in the world at 18 but there's no shortage of young billionaires in Asia. The youngest this year, Wang Zelong is only 24 years old, four years younger than last year's youngest Jonathan Kwok who was 28 years old. Want to know who are the yo...

Asia Ascendant: The Richest New Chinese Billionaires In 2021 Stefen Chow for Forbes, Pop Mart The world’s second largest economy is leading the globe in creating ten-figure fortunes—more than 40% of newcomers to Forbes’ World’s Billionaires list hail from the Asian nation. After an unparalleled year, Forbes’ 35th annual World’s Billionaires is awash in new billionaires—and China is heading the charge. The world’s most populous nation, which boasts a record 626 billionaires (that doesn’t include 71 from Hong Kong and 1 from Macao, which are listed separately), has minted 2...