The outbreak of the corona pandemic also has major economic consequences.
Millions of people worldwide are on short-time work, many have lost their jobs.
But one group is even better.
The
corona
pandemic put a heavy strain on the economy and plunged many people into existential needs.
But the
super-rich
don't notice anything - on the contrary.
In
Germany
alone
, their wealth has increased by around 20 percent.
Frankfurt / Main - The super-rich have
gotten even richer
in the
Corona
crisis.
The total assets of the more than 2,000 dollar billionaires worldwide rose to a record value of around 10.2 trillion dollars (8.7 trillion euros) by the end of July, also thanks to the recovery in the stock markets.
This is the result of calculations by the consulting firm
PwC
and the major Swiss bank
UBS
, which were published on Wednesday.
According to the study, engagements in fast-growing areas such as technology and healthcare proved to be the main drivers.
The enormous fortune is therefore distributed among 2189 men and women.
Converted into euros, the sum is more than twice as high as the total annual economic output of
Germany
as the largest economy in Europe (2019: just under 3.5 trillion euros).
Cash, real estate, luxury goods as well as stocks and company assets were taken into account.
Liabilities have been deducted.
Super-rich: There are now 119 billionaires in Germany
In
Germany
, the net wealth of the ultra-rich rose to $ 594.9 billion by the end of July after a slump at the beginning of the corona pandemic.
In the last investigation (as of March 2019) it was $ 500.9 billion.
The club of the super-rich has since grown from 114 to 119 members.
After the outbreak of the pandemic, the German dollar billionaires achieved the greatest growth in the areas of technology (plus 46 percent), healthcare (plus 12 percent) and finance (plus 11 percent).
Traditionally, there have been relatively few changes within the high-net-worth groups in Germany, explained
Maximilian Kunkel
,
UBS
chief investment strategist for Germany.
"Covid-19 is now accelerating asset growth at an above-average rate in innovation-driven areas such as the technology or health sector, thus causing a shift in assets."
Rolls Royce Collection pic.twitter.com/zqpQvixFTo
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According to his statements, entrepreneurs in these areas have benefited in recent months from the fact that the short-term loss of earnings has been limited, while the long-term prospects have improved significantly in some cases.
Super-rich: In Germany, the Reimann family and Lidl owner Dieter Schwarz lead the ranking
According to a recently published ranking by “Manager Magazin”, the richest Germans are likely to be the
Reimann family
with an estimated fortune of 32 billion euros.
In second place is Lidl founder
Dieter Schwarz
with an estimated fortune of 30 billion euros.
The third place finishers are the siblings
Susanne Klatten
and
Stefan Quandt
, who
own
almost half of the
BMW
shares.
As a result of the
Corona
crisis,
your assets have
fallen by 1.5 billion euros to an estimated 25 billion euros.
However, the super-rich also
felt
the turbulence at the beginning of the
Corona
crisis, which, among other things, caused a sharp fall in share prices on the stock markets.
According to the study, the weeks immediately following the outbreak of the pandemic in particular contributed to the total global wealth of billionaires shrinking by around 6.6 percent to 8 trillion dollars between March 2019 and April 2020.
The club of the super rich temporarily lost 43 members.
From April onwards, a phase of recovery began in which total assets rose by around 28 percent by the end of July 2020.
(dpa) * Merkur.de
is part of the nationwide Ippen Digital editorial network.
