RIO DE JANEIRO, BRAZIL - Despite the pandemic and deteriorating economic indicators, the number of Brazilian billionaires increased in the first months of 2021 to 315, with at least 40 more people reaching a wealth of at least one billion Brazilian reais (about US$200 million) this year, according to Forbes Magazine, due to the increase in stock market offerings.
According to Forbes, the financial incentives introduced worldwide to combat the crisis have fueled the capital market and have been one of the main factors behind the increase in wealth of the super-rich. In the first quarter of this year . . .
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