A recent study has social scientists has revealed that the wealth of billionaires has risen by a record amount during the pandemic and millionaire's income also increased during the Covid-19 spread across the globe.
Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
According to the Hurun Research Institute's
global rich list, India's financial capital
registered 92 billionaires in 2024. .
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
According to the report, there are a total
of 3,279 billionaires globally in 2024,
an increase of 5% compared to 2023. .
NBC reports that China as a whole still has the
most billionaires overall with 814 in 2024, but
the country lost 155 billionaires compared to 2023. .
China had a bad year.
Wealth creation in China has gone
through deep changes these last few
years, with the wealth of billionaires
from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
According to the report, artificial intelligence
played a significant role in increasing the
number of ultra wealthy people in the U.S. .
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
... the billionaires behind Microsoft,
Google, Amazon, Oracle and Meta
have seen significant surges in
their wealth as investors bet
on the value generated by AI, Hurun Research Institute's global rich list report, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Greetings and welcome to the latest edition of International News Wrap, your premier destination for global updates, brought to you exclusively by OneIndia. In today's segment, we present a diverse array of stories ranging from President Biden's imminent signing of the Ukraine aid package to Israel's preparations for civilian evacuation in Rafah. Join us as we delve into the day's most significant international developments, ensuring you stay abreast of the latest events unfolding worldwide.
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Hezbollah launched drone attacks on Israeli bases near Acre in retaliation for the killing of one of its fighters, marking a significant escalation in the conflict. The Israeli military denied any strikes on its facilities. Later, Israeli air raids in southern Lebanon killed civilians, prompting Hezbollah to fire rockets at northern Israel.
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Former Japanese Prime Minister Taro Aso met with ex-President Donald Trump at Trump Tower, emphasizing the enduring significance of the US-Japan alliance amid Indo-Pacific security challenges. Trump praised Japan's defense efforts. These diplomatic exchanges coincide with Trump's legal proceedings and his active engagement with other global leaders.
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Russian Deputy Defense Minister Timur Ivanov, implicated in a bribery case, was arrested amid the Ukraine conflict's third year. Sanctioned by the US and EU for Russia's actions, Ivanov faces allegations of accepting a significant bribe. The arrest underscores corruption concerns within Russia's defense establishment, with Ivanov's oversight of critical areas like property management and construction adding gravity to the situation.
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US State Department warns businesses of potential sanctions risks regarding deals with Iran following Iran's engagement with Pakistan. Recent US sanctions target entities aiding Pakistan's ballistic missile program, including Chinese companies. The Pentagon reaffirms positive relations with Pakistan, emphasizing its importance as a regional security partner.
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The centre cleared two more vaccines today and one anti-viral drug to boost the fight against the Covid-19 pandemic.
#Omicron #Covid19 #Covovax #Corbevax #Molnupiravir
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