2 South African billionaires climb global wealth rankings


Source: businesstech.co.za businesstech.co.za

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Hurun Report has published its annual rich list, ranking over 3,300 billionaires from 2,500 companies and 69 countries – including South Africa. Despite the Russia-Ukraine war, Covid-19 and the US-China Trade War, the past 12 months have been good for the world’s richest people. The ongoing crises contributed to 337 billionaires dropping off the list in 2022 – however, the continued digitalisation of the global economy, tech innovations as well as inflation helped 490 new faces make the list, giving a surprising net increase of 153 billionaires. “Despite the Russia-Ukraine war and continued Covid impact, total wealth among billionaires rose...