Counting down the richest names in tech
he coronavirus pandemic not only dominated headlines for much of March, it also led to huge declines in stock markets around the world. The plunge in share prices slashed more than half of the technology fortunes on Forbes’ new list of the World’s Billionaires, which we compiled using stock prices and exchange rates from March 18, 2020.
But the very richest of the tech billionaires continue to dominate the highest ranks of the list. Nine of the 20 wealthiest people in the world are tech tycoons—one more than on the 2019 list. The 20 richest people in technology are worth a combined $740 billion, down from $758 billion last year.’ 2020 billionaires list, up from 215 last year. Combined, they are worth a whopping $1.4 trillion — 16% of the total net worth for all 2,095 billionaires on the list this year.
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