"The number of billionaires in the world could reach nearly 4,000 by 2031, figures suggest, as the super-rich accumulate wealth at an accelerating rate."
"The multimillionaire class is also expanding rapidly, with the number of people worth at least $30m around the world rising from 162,191 in 2021 to 713,626 today."
"The billionaire population in Poland is expected to more than double from 13 to 29 over the same period, with an 81% rise in Sweden, from 32 to 58."
"Last year the World Inequality report found fewer than 60,000 people control three times as much wealth as the entire bottom half of humanity."
The global billionaire count is currently 3,110 and is expected to rise by 25% to 3,915 by 2026. The multimillionaire class has also expanded significantly, with those worth at least $30 million increasing from 162,191 in 2021 to 713,626 today. Wealth growth is particularly pronounced in tech and AI sectors. Saudi Arabia is projected to see the fastest growth in billionaires, while the wealth gap continues to widen, with a small fraction of the population controlling vast wealth. Calls for increased taxation on the wealthy are growing.
Read at www.theguardian.com
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