The number of billionaires spiked by 30% during the pandemic

The total number of billionaires exploded over the course of the coronavirus pandemic — and they individually became extraordinarily wealthier during the last 12 months. That’s according to a new report from Forbes, which does one of the most complete analyses each spring about the state of the billionaire class across the globe. Tracking the net worths of the wealthy is painstaking work that requires sifting through arcane filings — and the end results are not perfect — but the estimates offered by Forbes represent one of the best stabs at covering the scale of income inequality in the world. And while … (full story)

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