As per the latest Forbes data, the billionaire count has surged to over 3,000, almost tripling since 15 years ago, with their average wealth also rising. Different countries exhibit diverse sources of wealth, with technology dominating in the U.S. while Germany's billionaires find wealth in fashion and retail. The report also highlights that more than half of the world’s billionaires reside in three countries. Additionally, regions with favorable tax laws attract high-net-worth individuals, illustrating the multifaceted nature of wealth accumulation globally.
The number of billionaires has nearly tripled in the last 15 years, reaching over 3,000 globally with an average wealth increase from $3.6 billion to $4.1 billion.
More than half of all billionaires live in just three countries, revealing surprising pockets of wealth and diverse sources of billionaire fortunes around the globe.
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