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Energy billionaires became $51 billion richer from 2021 oil rally ...News
The world’s oil billionaires became even richer in the first quarter of 2021, adding a combined net worth of $51 billion to their fortunes as oil prices rallied and investor confidence in excessively punished oil stocks returned. According to the Bloomberg Billionaires Index, a daily ranking of the world’s richest people, US oil tycoon Harold Hamm saw his net worth jump by $3.3 billion year to date to stand at $8.4 billion as of April 2. Shares in Continental Resources that Hamm has founded have jumped by 59% year to date. Also on rt.com Global banks bracing for losses amid
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