2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -According to Forbes, we had 2, 668 billionaires in the world as of 2022-but who are the 10 richest people amongst them? Here are the world’s top 10 richest people, what they are known for and what their worth is.
Detailed explanation-2: -$42 trillion of new wealth was created between December 2019 and December 2021. $26 trillion (63 percent) was captured by the richest 1 percent, while $16 trillion (37 percent) went to the bottom 99 percent. According to Credit Suisse, individuals with more than $1 million in wealth sit in the top 1 percent bracket.
Detailed explanation-3: -Oxfam India’s latest report which was released on the opening day of the World Economic Forum in Davos, Switzerland reveals that the total number of billionaires in India increased from 102 in 2020 to 166 billionaires in 2022.
Detailed explanation-4: -Bernard Arnault is the CEO and Chair of LVMH (Moët Hennessy Louis Vuitton) and his net worth is $213 billion, he overtook Elon Musk as the world’s richest man in 2022.