China says it has given 2.1 billion worth of debt relief to developing countries struggling with repayments due to the coronavirus. China has emerged as a major lender to emerging-market economies, especially those in sub-Saharan Africa. As part of its trillion-dollar Belt and Road Initiative, China has financed large infrastructure projects throughout Africa that critics say have left many poor countries overloaded with debt.
America’s 400 richest are worth a record $3.2 trillion, up $240 billion from a year ago, aided by a stock market that has defied the virus. Amazon founder and CEO Jeff Bezos, worth $179 billion, is number one for the third year in a row, followed by Bill Gates at number two. It still takes at least $2.1 billion, unchanged for the past three years, to make the cut. Even in these trying times mega-fortunes are still being minted.
But Jeff Bezos hasn’t been number one for very long – he’s relatively new to the top 10 – but others like the Walton family have held onto their ranks with little movement throughout the decade. Who else has secured their place among the richest of America’s billionaires and who has fallen off the Forbes 400 since the early 2010s?
Forbes calculates net worths using stock prices at the time of each publishing close date.
Read the full Forbes 400 list: www.forbes.com/400/
Feed of Mike Pence criticizing China’s coronavirus response was cut in China and appeared to return when Kamala Harris starting talking; Fox News’ Benjamin Hall reports. #FoxNews
Rachel Nichols, Richard Jefferson and Vince Carter react to Miami Heat SG Tyler Herro’s explosive performance in Game 4 against the Boston Celtics in the Eastern Conference finals.
Lt. General U.S. Army (Ret.) H.R. McMaster, former National Security Adviser to President Trump, Author, “Battlegrounds: The Fight to Defend the Free World,” joins Meet the Press for an exclusive interview to talk about the president’s hesitation when asked about a peaceful transfer of power.