News Snapshot:
Newsfeeds.Media China created more than 200 billionaires last year as a booming stock market and a slew of new company listings offset the damage caused by the Covid pandemic. The Hurun Global Rich List showed that 259 Chinese broke into the billion-dollar club in 2020, more than the rest of the world combined and taking the country to a total of 1,058 billionaires – the first to break the 1,000 mark. By comparison, the US created just 70 new billionaires last year bringing its overall total to 696. China – the country where Covid first emerged and which has been...
