diff --git a/Lib/ensurepip/__init__.py b/Lib/ensurepip/__init__.py
index 8289c495d36895fe8590161b7319455464a5be8e..3d88dec2cdf4b6e15d4d0653d9238081feaab760 100644
--- a/Lib/ensurepip/__init__.py
+++ b/Lib/ensurepip/__init__.py
@@ -8,7 +8,7 @@
 
 __all__ = ["version", "bootstrap"]
 _PACKAGE_NAMES = ('setuptools', 'pip')
-_SETUPTOOLS_VERSION = "47.1.0"
+_SETUPTOOLS_VERSION = "60.9.3"
 _PIP_VERSION = "22.0.4"
 _PROJECTS = [
     ("setuptools", _SETUPTOOLS_VERSION, "py3"),
diff --git a/Lib/ensurepip/_bundled/setuptools-47.1.0-py3-none-any.whl b/Lib/ensurepip/_bundled/setuptools-47.1.0-py3-none-any.whl
deleted file mode 100644
index f87867ff98254ac4d8341d64f1dfa7b2cd7ae84e..0000000000000000000000000000000000000000
Binary files a/Lib/ensurepip/_bundled/setuptools-47.1.0-py3-none-any.whl and /dev/null differ
diff --git a/Lib/ensurepip/_bundled/setuptools-60.9.3-py3-none-any.whl b/Lib/ensurepip/_bundled/setuptools-60.9.3-py3-none-any.whl
new file mode 100644
index 0000000000000000000000000000000000000000..b88ddc659ee101bb2db6327c1402a1fcce064536
Binary files /dev/null and b/Lib/ensurepip/_bundled/setuptools-60.9.3-py3-none-any.whl differ
diff --git a/Misc/NEWS.d/next/Library/2022-03-11-13-54-27.bpo-46986.nF1meI.rst b/Misc/NEWS.d/next/Library/2022-03-11-13-54-27.bpo-46986.nF1meI.rst
new file mode 100644
index 0000000000000000000000000000000000000000..06dd1271902d1bc35ec2d92c738a156f20db4288
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2022-03-11-13-54-27.bpo-46986.nF1meI.rst
@@ -0,0 +1 @@
+Upgrade setuptools wheel bundled with ensurepip (setuptools 60.9.3)