Apple boss Tim Cook has joined the billionaire’s club after the coronavirus pandemic helped the technology giant’s share price hit record highs.
His new-found status comes just days after Mark Zuckerberg became the third member of the so-called “Centibillionaire Club” when his personal wealth rose to $100 billion (£76bn).
The Facebook co-founder follows Jeff Bezos and Bill Gates in reaching a 12-figure net worth, with the Amazon and Microsoft founders also seeing their fortunes rise considerably in recent months.
US tech billionaires now occupy seven places in the list of the top 10 wealthiest people in the world.
The wealth of Bezos in particular has shot up at an unprecedented rate, as lockdown orders around the world saw people turn to the online retailer for food and entertainment.
Since the start of the year he has increased his wealth by more than $75bn – more than the entire individual net