The Billionaires

 The cost of vaccinating the world is estimated at $141.2 billion.

The planet’s 2,365 billionaires have seen their wealth increase $4 trillion, or 54 percent, during the pandemic year. 

Their combined wealth rose from $8.04 trillion to $12.39 trillion between March 18, 2020 and March 18, 2021.

Thirteen billionaires saw their wealth increase over 500 percent.

At the global level, the wealthiest 20 billionaires have a combined $1.83 trillion in wealth - The 2019 GDP of Spain was US $1.3 trillion.

They enjoyed an increase of $742 billion, or 68 percent, over the pandemic year. 

In the UK, between March 2020 and 2021, the 54 UK billionaires saw their wealth increase £40 billion (US $54.9 billion), a gain of 36 percent. 

Their combined wealth increased from £112.3 billion (US $154 billion) to £152.36 billion (US $208.9 billion).

Thirteen global billionaires have seen their wealth increase more than 500 percent over the pandemic:

Zhong Shanshan (3,300 percent/$66 billion gain), Saw his wealth rise an eye-popping 3,300 percent during the pandemic year, from $2 billion to $68 billion. The wealth surge was the result of two of his companies going public in 2020, Nongfu bottled water and Beijing Wantai Biological Pharmacy.

Tatyana Bakalchuk (1,200 percent/$12 billion gain), Founded the e-commerce apparel company, Wildberries. Her wealth increased by $12 billion over the pandemic, rising from $1 billion to $13 billion.

Zuo Hui (714 percent/$15.9 billion gain), China. Chair of Homelink, China’s largest real estate brokerage company. Wealth increased $15.9 billion, from $2.2 billion to $17.9 billion

Bom Kim (670 percent/$6.7 billion gain), Wealth has increased 670 percent, from $1 billion to $7.7 billion over the pandemic year. Founder of the e-commerce giant Coupang, the Amazon of South Korea. Kim’s fortune surged as high as $11 billion after the company’s IPO in early March.

Dan Gilbert (642 percent/$41.7 billion gain), Owner of Quicken Loans, which capitalized on cloistered citizens tapping online financing. His wealth increased 641.5 percent, from $6.5 billion to $48.2 billion over the pandemic year.

Cheng Yixiao (614 percent/$13.5 billion gain), Co-founder of Kuaishou, a video platform based in Beijing. His wealth increased $13.5 billion, from $2.2 billion to $15.7 billion during the pandemic year.

Su Hua (583 percent/$16.9 billion gain), Also a co-founder of video platform and live-streaming app, Kuaishu. Hua’s wealth increased $16.9 billion during the pandemic year, from $2.9 billion to $19.8 billion.

Ernest Garcia II (567 percent/$13.6 billion), US. Wealth increased 566.7 percent, from $2.4 billion to $16 billion during the pandemic year.  Biggest shareholder of Carvana, the online car sales and auto-financing giant.

Elon Musk (559 percent/$137.5 billion gain), Musk is now the third wealthiest person in the world as his shares in Tesla, Space-X and other companies that he owns continue to climb. His wealth increased $558.9 percent, from $24.6 billion to $162.1 billion during the pandemic year (down $9.9 billion from March 17, 2021, so fluctuating wildly).

Brian Armstrong (550 percent/$5.5 billion gain), US. Chief executive of Coinbase, the largest cryptocurrency exchange in the country. Wealth increased 550 percent, from $1 billion to $6.5 billion during the pandemic year.

Chan Tan Ching-Fen (540 percent, $8.1 billion gain), Hong Kong. Wealth comes from Hang Lung Group, a large real estate founded by her late husband. Wealth increased $1.5 billion to $9.6 billion, an increase of $8.1 billion over the pandemic year.

Bobby Murphy (531 percent/$10.1 billion gain), US. Wealth increased 531 percent, from $1.9 billion to $12 billion during the pandemic year. Co-founder of Snapchat, with his Stanford fraternity brother, Evan Spiegel (490%/$9.3 billion gain).

Forrest Li (500 percent, $9.5 billion gain), Li’s wealth increased $9.5 billion, from $1.9 billion to $11.4 billion during the pandemic year. He is owner of the online gaming and e-commerce platform, Sea.

Opinion | Global Billionaire Wealth Increases to $4 Trillion During Pandemic (commondreams.org)