Key Takeaways

According to a new report from Swiss bank UBS, the world now has 2,919 billionaires, an 8.8% increase from the previous year.

The U.S. is home to a substantial portion of the world’s billionaires.

Inheritances and soaring tech stock prices are minting more billionaires than ever.

There are more billionaires in the world than ever before, according to a new report from Swiss bank UBS.

The report found that the world now has 2,919 billionaires, representing an 8.8% increase from 2024. These billionaires have a combined net worth of about $15.8 trillion. Their total wealth rose by roughly 13% in a year, indicating that existing billionaires are becoming even richer, while new ones are emerging. UBS based its findings on surveys of its billionaire clients as well as a bill

See Full Page