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For most of the world’s richest people, 2020 was a good year for their finances. The collective net worth of America’s billionaires now tops $4 trillion, rising by 36% from March 18 to December 18 according to a report by Americans for Tax Fairness and the Institute of Policy Studies.
The biggest gainer by far is Elon Musk, who is now worth $167 billion, up from $28 billion at the start of the year, per the Bloomberg Billionaires Index. He owns about 18% of Tesla’s stock, which has increased by more than 700% in details ⇒
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