Billionaires In US Insurance

A new billionaire was minted every 17 hours over the past year as their number reached an all-time high in Forbes’ annual list of the world’s wealthiest people. Overall, the media giant confirmed 2,755 billionaires in 2021, up by 660 from the previous year.

These individuals boast a combined net worth of $13.1 trillion, $8 trillion more than that in 2020. A staggering 86% of the people on the list are also richer compared to a year ago.

The US still hosts the highest number of billionaires with 724, including the top two wealthiest – Elon Musk and Jeff Bezos. And although the entries might be few and far between, the insurance industry is still well-represented.

To find out the industry’s richest, Insurance Business combed through Forbes’ Real-Time Billionaires rankings, which tracks the daily movement of the world’s wealthiest individuals.

The wealth-tracking platform provides ongoing updates on the net worth and ranking of each billionaire.