Jeff Bezos remains world’s richest person, as wealthy gain US$1.2 trillion in 2019
- Despite his divorce settlement, the Amazon boss still tops the Bloomberg Billionaires Index, while Kylie Jenner became the youngest self-made billionaire
- The world’s 500 wealthiest people boosted their collective net worth 25 per cent to US$5.9 trillion
The leveraging of a giant social-media presence, a catchy tune about a family of sharks and a burgeoning collection of junkyards are just a few of the curious ways that helped make 2019 a fertile year for fortunes to blossom around the world.
Kylie Jenner became the youngest self-made billionaire this year after her company, Kylie Cosmetics, signed an exclusive partnership with Ulta Beauty. She then sold a 51 per cent stake for US$600 million.
It has been almost two months since the Washington Nationals captured their first World Series championship, but people around the world are still singing along to the baseball team’s adopted rallying cry: “Baby Shark, doo-doo doo-doo doo-doo.” The Korean family that helped popularise the viral earworm are now worth about US$125 million.
Even car wrecks proved to be a treasure trove. Willis Johnson, the gold-chain-wearing Oklahoma native who founded Copart, has amassed a US$1.9 billion fortune by building a network of junkyards to sell damaged autos.
The emergence of atypical fortunes underscores just how much money the uber-rich accumulated in 2019.