#ForbesBillionaires 2020: Total Wealth Falls $700B Amid Pandemic

[tacobell fan]

For the third time in a decade, the number of billionaires dropped as global equity markets imploded. Of those who remain, 51% are poorer than they were last year.

[tacobell fan]

 

[sri_india]

naaa peru kuda ledhu gaaa 

[tacobell fan]

[tacobell fan]

Heir of Walmart Fortune

[tacobell fan]

Kyle Jenner is Youngest Billionaire enti 

 

KYLIE JENNER

AGE: 22

NET WORTH: $1 BILLION

SOURCE OF WEALTH: COSMETICS

[WHAATSAPP]

1 minute ago, sri_india said:

naaa peru kuda ledhu gaaa 

ne dreams lo kuda undadu ra @LaborBrathuku @mundamopi nayala 

[WHAATSAPP]

3 minutes ago, tacobell fan said:

For the third time in a decade, the number of billionaires dropped as global equity markets imploded. Of those who remain, 51% are poorer than they were last year.

Where is link ra @homelessjack a$$

[tacobell fan]

 

GUSTAV MAGNAR WITZOE

AGE: 26

NET WORTH: $2.3 BILLION

SOURCE OF WEALTH: FISH FARMING

Witzoe owns nearly half of Salmar ASA, one of the world’s largest salmon producers, which is still run by his father. The Norwegian heir has dabbled in modeling as well as tech and real estate investing.

[tacobell fan]

 

JONATHAN KWOK

AGE: 28

NET WORTH: $2 BILLION

SOURCE OF WEALTH: REAL ESTATE

Kwok, along with his older brother Geoffrey, inherited their late father Walter Kwok’s stake in Sun Hung Kai Properties, Hong Kong’s largest developer, in 2018. Shares of Hong Kong-listed SHKP have declined nearly 18% since the coronavirus outbreak at the start of the year.

[tacobell fan]

 

JOHN COLLISON

AGE: 29

NET WORTH: $3.2 BILLION

SOURCE OF WEALTH: STRIPE

Stripe, the payments company founded by John and his older brother Patrick, raised $250 million from investors at a $35 billion valuation in September 2019. John, born and raised near Limerick, Ireland, now lives in San Francisco, where Stripe is headquartered.

[tacobell fan]

 

EVAN SPIEGEL

AGE: 29

NET WORTH: $1.9 BILLION

SOURCE OF WEALTH: SNAP

The Snapchat cofounder is one of the youngest CEOs of a publicly-traded company in the world. After rallying in 2019, Snap stock is down 50% since the start of the year. Spiegel, who was born in the U.S., quietly became a dual American-French citizen in 2018, according to reports in the French press.

[tacobell fan]

 

LISA DRAEXLMAIER

AGE: 29

NET WORTH: $1 BILLION

SOURCE OF WEALTH: AUTO PARTS

Draexlmaier and her father, Fritz, are co-CEOs of Fritz Draexlmaier Holdings GmbH, the holding company of the autoparts maker of the same name. Lisa, now the sole owner, joins the billionaires’ list for the first time.