“…World’s Richest Gain $1.2 Trillion”
December 31, 2019
“…the richer they were at the start of the year, the richer they got. The world’s 500 wealthiest people tracked by the Bloomberg Billionaires Index added $1.2 trillion, boosting their collective net worth 25% to $5.9 trillion…
Leading the 2019 gains was France’s Bernard Arnault, who added $36.5 billion as he rose on the Bloomberg index to become the world’s third-richest person and one of three centibillionaires — those with a net worth of at least $100 billion. In all, just 52 people on the ranking saw their fortunes decline on the year…”
This time its not just the rich who are doing well. Overall the economy is good. Stocks are up. Life is good.