Number of billionaires globally soars by 13% amid AI shares boom
Summary
The number of billionaires worldwide rose by 13% to a new high of 3,302 people, driven mainly by gains in AI-related stock shares. Billionaires' wealth grew by 25% on average, which is much faster than the wealth growth seen by most people globally.Key Facts
- There are now 3,302 billionaires in the world, a 13% increase.
- On average, billionaires’ wealth grew 25% in the year ending April 2025.
- The average personal wealth worldwide grew by only 10.8% in the same period.
- The AI boom in stock markets helped increase billionaire wealth, especially in countries with many investors.
- The US has 15 of the 37 people worth more than $50 billion, including Elon Musk, the richest person with $1 trillion.
- Global millionaires reached over 57.5 million, helped by stock market gains and a weaker US dollar.
- Almost half of new millionaires in 2025 were from the US; the UK added 43,000 new millionaires.
- The UK saw its number of billionaires drop from 165 to 156, the biggest fall in 37 years, partly due to tax law changes.
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