The Guardian | Number of billionaires globally could reach 4,000 in next five years by Lauren Almeida

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The analysis by estate‑agent Knight Frank predicts that the global billionaire population, currently about 3,110, could reach nearly 4,000 by 2031—a 25 % rise driven largely by tech and artificial‑intelligence‑enabled wealth creation. The number of ultra‑high‑net‑worth individuals (those with at least $30 million) has surged more than 300 % since 2021, and the fastest growth is expected in oil‑rich Saudi Arabia, as well as in Poland and Sweden. Meanwhile, wealth inequality is widening: fewer than 60,000 people now control three times the wealth of the world’s lower half, and Oxfam reports that the collective fortune of billionaires tops $18 trillion. The richest individuals remain Elon Musk, Larry Page and Jeff Bezos, while the UK saw its billionaire count dip to 156 in 2025 amid tax reforms and political volatility prompting the super‑rich to gravitate toward a smaller set of stable, opportunity‑rich cities. By 2031, Asia‑Pacific is projected to overtake North America as the region with the largest share of billionaires, accounting for about 37.5 % of the total.

Read more: https://www.theguardian.com/news/2026/apr/23/billionaires-super-rich-global-wealth-gap-economy

#KnightFrank #LiamBailey #globaleconomy #technology #thesuper-rich #ElonMusk #LarryPage #JeffBezos

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