Latin American billionaires increased their net worth by 15% from 2015 to 2020: the Top 100 Latin American Billionaires

Latin American billionaires increased their net worth by 15% in five years. It reached $440 billion in 2020 from $383 billion in 2015. As a reference, the net worth of these individuals is equivalent to 30% of Brazil’s GDP, which was reported at $1,445 billion by year-end 2020. It is also 13% more than Argentina’s $383-billion GDP, and almost double Colombia’s $271-billion GDP in that same year. Wealth among billionaires grew a bit less concentrated in the five years from 2015 to 2020. The 10 richest held 46% of the total amount posted for the Latin American billionaires in 2020, while they held 48% in 2015. Also, the average age decreased slightly, from 68 in 2015 to 65 in 2020. […]

Related

Latin Trade’s Financial Strength Index 2Q 2023

It’s been over a year since Mexican mining giant...

The most profitable companies in Latin America

The Latin Trade Profitability Drivers Index 2Q 2023 Over 180...

Top 20 Latin American Logistics Companies 1Q 2023

Chilean Latam Airlines continues to be the most profitable...