The combined wealth of the world’s super-rich reached a new peak during the coronavirus pandemic, according to a study published by the consulting firm PwC and the Swiss bank UBC, which reveals that the more than 2,000 billionaires around the world managed to amass fortunes totalling around $10.2 trillion (or about N$ 170 trillion) by July, surpassing the previous record of $8.9 trillion reached in 2017. Across sectors, billionaires saw their fortunes rise by double digits, with those in the technology, health care, and industrial sectors leading the pack. The study found that those billionaires involved in health care saw their total wealth increase by 50.3% to $658.6 billion having been “boosted by a new age of drug discovery and innovations in diagnostics and medical technology, as well as latterly COVID-19 treatments and equipment”.