Record 2,755 billionaires on Forbes’ rich list - including 493 newcomers
Godzilla vs. Kong film is a monster hit, new 21 plate drives car sales, and other breaking business news
1. Kardashian West joins the billionaires’ club
Rich list
The number of billionaires worldwide has “exploded” to an unprecedented 2,755 – that’s 660 more than a year ago, according to Forbes.
In the magazine’s annual billionaires list, Amazon founder Jeff Bezos is the world’s richest person for the fourth year in a row. He has a fortune of $177bn (£128.2bn) and Tesla CEO Elon Musk is second with $151bn (£109.4bn).
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American reality TV star Kim Kardashian West has joined the elite billionaires’ club for the first time. She has a net worth of $1bn (£720m) thanks to her cosmetics and clothing interests as well as income from TV, endorsement deals and investments.
Kardashian West was one of 493 newcomers on the billionaires list and was joined by Bumble dating app founder Whitney Wolfe Herd, filmmaker Tyler Perry and Miriam Adelson, the widow of casino magnate Sheldon Adelson.
Collectively, the men and women on Forbes’s rich list are worth $13.1trn (£9.49trn) – up from $8trn (£5.8trn) on the 2020 list.
Top billionaires: who are the richest people in the world?
2. Britain’s electric grid the ‘greenest it’s ever been’
Power
Great Britain’s electricity grid was the “greenest it has ever been” at 1pm on Monday 5 April, according to National Grid’s electricity system operator. Due to sunny spells, blustery conditions and low demand driven by the Easter holiday, renewable sources of power “topped the energy mix” over the weekend, says the Independent.
The carbon intensity of electricity – the measure of CO2 emissions per unit of electricity consumed – dropped to 39 gCO2, the lowest figure in history. And at 1pm on Monday wind power made up 39% of the electricity mix, solar power 21%, and nuclear 16% – meaning zero carbon power sources made up almost 80% of the nation’s power.
3. Betting firms should pay levy to fund treatment, says NHS director
Gambling
Claire Murdoch, the national mental health director for NHS England, has called for gambling companies to pay a compulsory levy to fund addiction treatment. Betting firms have “profited during the pandemic”, but are leaving the NHS to “pick up the pieces”, The Guardian reports.
Successive lockdowns have “triggered a surge in spending on high-octane online casino games and slot machines” and since April last year 750 people have been referred to specialist clinics for treatment of serious addiction. Murdoch says the gambling industry “must take more responsibility”.
4. New 21 plate drives strong car sales
Automotive
Sales of new cars last month were 11.5% higher compared to March 2020 – driven by the demand for the new 21 number plate.
According to figures published by the Society for Motor Manufacturers and Traders (SMMT), 284,000 new vehicles were sold in March and this is the first time since August last year that the motor industry has seen growth.
The sector has suffered a “torrid coronavirus crisis to date”, says Sky News, with £22bn of lost sales in 2020.
5. Godzilla vs. Kong is a monster hit for the cinema industry
Film
Since opening in cinemas worldwide two weeks ago Godzilla vs. Kong has taken more than $385m (£205m) at the box office – a new “global record for pandemic-era filmgoing”, the BBC reports.
The Hollywood film has made more than $236m (£170.6m) outside the United States and is yet to open in key markets such as Japan, Brazil and many parts of western Europe.
Jeff Goldstein, president of domestic distribution for producer Warner Bros, said “the numbers don’t lie – it’s clear that wherever audiences are ready to safely return to the theatre, they have, and we’re thrilled with the results”.
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Mike Starling is the former digital features editor at The Week. He started his career in 2001 in Gloucestershire as a sports reporter and sub-editor and has held various roles as a writer and editor at news, travel and B2B publications. He has spoken at a number of sports business conferences and also worked as a consultant creating sports travel content for tourism boards. International experience includes spells living and working in Dubai, UAE; Brisbane, Australia; and Beirut, Lebanon.
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