According to Altrata's 2024 Billionaire Census, the typical billionaire is a man in his 60s, living in New York City, primarily working in banking or finance.
With a total of 3,323 billionaires worldwide, their combined wealth has surged to $12.1 trillion thanks to a strong stock market recovery, up 9% from last year.
While the majority of all billionaires, about 60%, are fully self-made, male billionaires are more likely to be self-made than female billionaires.
The report emphasizes that male billionaires typically have a larger share of their wealth in public assets compared to female billionaires, who often inherit their wealth.
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