With the markets and exchanges beginning to recover relatively from Corona’s pressure during the past week, the world’s rich people have also made tens of billions of dollars in gains.
Amid a leap in global stocks on Thursday after the Fed announced the allocation of $ 2.3 trillion in loans to support the economy, the fortunes of 10 of the world’s richest people increased by $ 51 billion since the 2nd session until April 9.
The most prominent of the ten wealthy is Amancio Ortega, owner of the Spanish fast fashion company, “Inditex”, as he is the biggest gainer of this installment on the level of wealth and the percentage increase in his company’s shares.
Ortega’s wealth increased by $ 7.2 billion to $ 64.8 billion, with Inditex shares increasing by 15.5%, knowing that the stock is still down by 20.4% compared to the beginning of this year.
And many Spanish stocks started to rise again with the low death rate due to Covid-19 virus there, and the IBEX 35 index closed last week trading, recording a 7.6% increase.
Jeff Bezos recorded the second richest person in the world, the second largest increase in wealth, as his wealth increased by $ 6.8 billion to $ 124.7 billion.
Although reports indicate that Amazon may cancel the day of Black Friday’s “Prime Day” reductions on its platform due to the Corona virus, the company’s share value increased by 6.5% last week due to the crowding of supermarkets with customers searching their homes for groceries and necessary materials.
The wealth of French luxury goods magnate Bernard Arnault increased by $ 6.3 billion to $ 92 billion, after the value of his shares, “LVMH”, increased by 7%, in conjunction with the recovery of French shares, as the French index EuronextParis increased by 10%.
The share of Berkshire Hathaway Holding has declined a lot recently, but it returned and rose by 7% last week, which raised the “Warren Buffett” wealth by $ 5 billion to $ 76 billion.
Berkshire disposed of a large portion of its shares in the field of aviation after the recent closure of flights, as the company announced on April 3 that it had sold 18% of its stake in Delta Airlines and 4% in Southwest Airlines .
The wealth of the Indian oil and gas tycoon Mukesh Ambani also rose by $ 4.4 billion to $ 44.5 billion, and Financial Services Company Morgan Stenale published an upbeat research note on April 8th, stating that the Ambani Company, “Reliance Industries Limited” may be able to reduce its debt even With the drop in oil price and demand level during the next six months.
Below we publish the list recently released by Forbes of America for the top 10 gainers from the recovery of stock markets in the world last week.
Amancio Ortega
His source of wealth: Zara
Country: Spain
Net increase in wealth from April 2 to 9: $ 7.2 billion
Jeff Bezos
Source of wealth: Amazon
Country: United States
Net increase in wealth: $ 6.8 billion
Bernard Arnaud
Source of wealth: LVMH Moet Hennessy
Country: France
Net increase: $ 6.3 billion
Mark Zuckerberg
Source of wealth: Facebook
Country: United States
Net increase: $ 6.2 billion
Warren Buffett
Source of wealth: Berkshire Hathaway
Country: United States
Net increase: $ 5 billion
Mukesh Ambani
Source of wealth: Petrochemical, oil and gas industries
Country: India
Net increase: $ 4.4 billion
Elon Musk
Source of wealth: Tesla
Country: United States
Net increase: $ 4.2 billion
Larry Ellison
Source of wealth: Oracle
Country: United States
Net increase: $ 4 billion
Bill Gates
Source of wealth: Microsoft
Country: United States
Net increase: $ 3.6 billion
Larry Page
Source of wealth: Alphabet
Country: United States
Net increase: $ 3.6 billion
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