Elon Musk Tops Hurun Global Rich List 2021

The 10th Edition of Hurun Global Rich List 2021 was released, which ranked 3228 billionaires from 2,402 companies and 68 countries. The report showed that despite the COVID-19 pandemic, the world added 8 billionaires every week in 2020 and 421 in a year, taking their total number to a record 3,288.

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The total wealth of all billionaires across the globe surged 32 per cent, an addition of $3.5 trillion, to take their total wealth to $14.7 trillion, during the period under review. The wealth calculations taken into account is as of January 15, 2021.

Top three billionaires:

  • Tesla chief Elon Musk bagged the top spot on the Hurun Global Rich List for the first time after adding a massive $151 billion during the year 2020 to take his net worth to $197 billion.
  • Amazon.com Inc CEO Jeff Bezos ranked second with $189 billion in net worth.
  • Bernard Arnault, the chief executive of LVMH Moët Hennessy – Louis Vuitton SE, the world’s largest luxury-goods company ranked third with a net worth of $114 billion.

India in the list

  • With 60 Billionaires from the Hurun India Global List 2021, Mumbai became the capital for India’s rich followed by New Delhi (40) & Bengaluru (22).
  • Asia’s richest person and Reliance Industries chairman Mukesh Ambani is ranked eighth on the Hurun Global Rich List 2021. The total wealth of Ambani surged by 24% to $83 billion (approximately Rs 6.09 lakh crore).
  • Apoorva Mehta of Instacard & Nikhil Kamath of Zerodha (both 34 years) became the youngest Indian Billionaires with a net worth of USD 1.7 Billion.
  • Gautam Adani of Adani Group (Global Rank – 48)
  • Shiv Nadar of HCL (Global Rank – 58)
  • Lakshmi N Mittal of ArcelorMittal (Global Rank – 104)
  • Cyrus Poonawalla of Serum (Global Rank – 113)

ASIA:

Zhong Shanshan (Founder of Chinese Bottle Water Maker – Nongfu Spring) with USD 85 Billion became Asia’s Richest person, followed by Mukesh Ambani. He also broke into the Hurun Global Rich List 2021 for the 1st time with a rank of 7.

Important takeaways for all competitive exams:

  • Hurun Report Chairman and Chief Researcher: Rupert Hoogewerf (Hu Run).
  • Hurun Report Headquarters: Shanghai, China.
  • Hurun India MD and Chief Researcher: Anas Rahman.
  • Hurun India Headquarters: Mumbai, Maharashtra.

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