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Wealth of World’s Five Richest People More Than Doubled Since 2020

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World’s five wealthiest men have more than doubled their wealth since 2020, while around 60 per cent of the global population has become poorer, in the same period, according to an Oxfam report about the widening global wealth gap, titled ‘Inequality Inc.’

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Larry Ellison 

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The wealth of Oracle’s founder has risen by 107 per cent since March 2020 and totalled $145.5 billion. Jeff Bezos  

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Jeff Bezos

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Amazon founder saw a rise of 24 per cent in his wealth with a fortune of $167.4 billion.

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Elon Musk  

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Cofounder of six companies, including Tesla and SpaceX, Musk has been a big winner recently despite his setbacks following his chaotic takeover of X, formerly known as Twitter. His wealth soared to $245.5 billion at the end of November, up 737 per cent from March 2020.

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Warren Buffett

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With wealth totalling $119.2 billion, Berkshire Hathaway CEO’s net worth rose by 48 per cent.

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Bernard Arnault

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The chairman and CEO of French luxury goods giant LVMH Moët Hennessy Louis Vuitton and his family managed to up their wealth by 111 per cent with a net worth of $191.3 billion.

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