Culture

Tech bosses hoarded more wealth than ever before during the pandemic

The 2021 edition of Forbes' billionaires list puts the unwieldy wealth of the tech world on full display.

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Forbes has released the 35th annual edition of its “Billionaires List,” and the data confirms what we already knew: the leaders of the tech sector are flying higher than ever. Overall, the world added 493 new billionaires last year, the vast majority of whom are from China and Hong Kong.

The COVID-19 pandemic led to financial ruin for the vast majority of the world. Unless, of course, you started out rich, or you owned a business that profited off the suffering of others.

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$13.1T

Combined wealth of the world's billionaires — up $5T from last year.

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