World’s 100 richest people added $241 billion to their net worth in 2012


World’s 100 richest people added $241 Billion to their net worth iThe world’s richest people just got richer. According to the Bloomberg Billionaires Index, the 100 richest people in the world added $241 billion to their combined net worth in 2012, bringing their total stash to a whopping $1.9 trillion. Of the 100 richest people on the planet, Bloomberg notes that only 16 registered a net loss last year. “Last year was a great one for the world’s billionaires,” said John Catsimatidis, the billionaire owner of Red Apple Group Inc. “In 2013, they will continue looking for investments around the world — and not necessarily in U.S. — that will give them an advantage.” Amancio Ortega, the Spanish fashion executive who founded retailer Inditex, was the year’s biggest financial winner. He reportedly added $22.2 billion to his wealth. He is currently listed as the third richest man on the planet with a net worth of $57.9 billion. The wealthiest man in the world, Mexican tycoon Carlos Slim — now worth $75.8 billion — is said to have enjoyed the second largest gain in his fortune. His net worth increased by $13.4 billion. Tech moguls Bill Gates of Microsoft, Facebook’s Mark Zuckerberg, as well as Amazon’s Jeff Bezos and Google’s Larry Page and Sergey Brin, all made the list of the top 100 wealthiest people in the world when markets closed on Dec. 31. Ikea founder Ingvar Kamprad and the four Walmart heirs (Jim, Christy, Alice and Rob Walton) also made the rich list. The ballooning wallets of the world’s richest people is not a new trend. In the United States, for example, the wealth gap between the country’s richest Americans and “typical” families is said to have “more than doubled” in the past five decades, according to some estimates. Citing a report by the Economic Policy Institute (EPI), CNN’s Tami Luhby declared in September 2012 that the wealthiest 1 percent are now “288 times richer than you.” “That trend is happening for two reasons,” Luhby explained. “Not only are the rich getting richer, but the middle class is also getting poorer.” According to the EPI data, the net worth of a median household in the U.S. was $57,000 in 2010. In 1983, that figure was $73,000. On the other hand, the average net worth of the top 1 percent of the country has swelled. In 1983, their average net worth was said to be about $9.6 million. In 2010, that number jumped to about $16.4 million. As website Design&Trend notes, the public haven’t been all too happy with the news that the world’s wealthiest have fattened their piggy banks, with some disgruntled netizens calling for others to “stop buying” things from the planet’s richest.