Millennial billionaires thrive in tech industry

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Belgique Nouvelles Nouvelles

There are 2 755 billionaires globally, and 78 of them belong to the millennial generation of whom the majority thrived in the tech industry.

While the collective net worth of the 78 millennial billionaires in the world accumulates to $418.6bn, Facebook’s Mark Zuckerberg leads the way with a net worth of $97bn, followed by the founder of TikTok, Zhang Yiming, with a total of $35.6bn.

Visual Capitalist, a content creation firm that focuses on technology, investing and the economy, reported that overall billionaires were up $8 trillion in combined net worth compared to 2020, with 86% of them richer than what they were a year ago. "The US is home to the most millennial billionaires at 33 total, with China coming in second at 23. Most other countries fall far behind," read the report by Visual Capitalist.

"In the US, millennial billionaires are often associated with notable tech companies like Snapchat, Airbnb, and Facebook… Others are heirs of massive family fortunes like Lukas Walton, grandson of Sam Walton, the founder of Walmart and the original head of America’s richest family," it said.

 

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ONE tooo many. Tax them out of existence. No 1 should hold more wealth than what 1 needs to live a comfortable life. How can we allow ppl like Bezos, Gates, etc to invest their immense fortunes to make them richer than they are? Do we need to dust off the pickforks, guillotines?

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MeYoRichAunt Most Billionaires are cocaine dealers we know this...

MarxistZA He reminds me of E. T.

This is a wired looking dude no wonder he never had friends b4 Facebook

Rothschild family is worth more than all billionaires combined by far

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