2 South African billionaires climb the global wealth rankings


Source: thebharatexpressnews.com thebharatexpressnews.com

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Hurun Report has released its annual rich list, ranking more than 3,300 billionaires from 2,500 companies and 69 countries – including South Africa. Despite the Russian-Ukrainian war, Covid-19 and the US-China trade war, the past 12 months have been good for the world’s wealthiest people. Ongoing crises have contributed to the removal of 337 billionaires from the list in 2022 – however, the continued digitization of the global economy, technological innovations as well as inflation have helped 490 new faces to appear on the list, which gives a startling net increase of 153 billionaires. “Despite the Russian-Ukrainian war and the...