265 New Billionaires Join Ranks in Past Year, Including 67 Americans and 31 Chinese

265 people became billionaires over the past year, including 67 Americans and 31 Chinese. The richest newcomer is Italian Andrea Pignataro, worth $27.5 billion.

The richest women newcomers are Swedish sisters Sofia Högberg Schörling and Märta Schörling Andreen, each worth $5.6 billion.

Musician Taylor Swift and NBA legend Magic Johnson made the list with estimated net worths of $1.1 billion and $1.2 billion respectively.

19-year-old Brazilian Livia Voigt is the youngest newcomer and world's youngest billionaire, inheriting a $1.1 billion stake in turbine maker WEG.

Over half the newcomers are self-made, like Charles Liang of IT firm Super Micro Computer, worth $6.1 billion, and Turkish drone makers Haluk Bayraktar and Selçuk Bayraktar, each worth $1.1 billion.