Covid is a disease that has caused a great deal of misery around the world. More than one million people worldwide have succumbed to the disease. Even the world power, the United States, is faltering in front of Covid. Healthily; Financially. But even today, only two countries have seen an increase in a domestic property. China and India, where Covid originated. The country’s global relations are worth $ 399.2 trillion from the end of 2019 to June this year. An increase of almost a trillion over the previous year. The findings are based on the Global Relations rate released by Credit Suisse Group.
Anthony Shorthair, an economist, says the epidemic has not affected household property in India or China. It is expected that next year will be the year in which the global relations rate, which has lagged behind due to Covid, will come to the fore. In North American countries, the economy has been hit hard by Covid. In the United States, wealth is less than 5 percent per capita. It will remain the same in 2021.
In China, meanwhile, household wealth grew by 4.4%. In India, it is 1.6%. Household wealth plummeted in Latin American countries. The decline was 13 percent. Personal wealth fell to $ 76,984 from $ 77,309. Households rose sharply in Switzerland, the Netherlands, Taipei, and Hong Kong, while those in Norway and the UK fell sharply.
Wealth has shrunk to 51.9 million, but the number of billionaires in the world has not changed. Of the more than $ 50 million in super-rich, only 120 are in short supply. There are 1,75,570 people in this category. Of these, the United States is home to one percent of the world’s richest people and 39 percent of the world’s billionaires. Covid has caused millions of job losses in the American tech world. But Jeff Bezos, the owner of the world’s richest Amazon group, has amassed $ 73 billion in assets. Jeff now has a net worth of $ 188 billion. Facebook owner Mark Zuckerberg’s net worth has increased by $ 27 billion to $ 105 billion. Eric Yuan, the founder of the Zoom video app, has a net worth of $ 22 billion. The world’s 500 richest people have amassed a fortune of $ 970 billion.
The richest one percent of the world owns 43 percent of global wealth. But with less than $ 10,000 in wealth, 2.8 billion people own only 1.4% of the world’s wealth. Women workers, youth, and minorities were severely affected by job and economic losses. This is because it has affected the operations of businesses and restaurants. But China will be the world leader in emerging markets.