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The world has more billionaires than ever, wealth hits record US$15.8 trillion

Tech valuations and rising markets push global billionaire count to 2,900

The world has more billionaires than ever, wealth hits record US$15.8 trillion
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StarsInsider
05/12/2025 11:45 ‧ 1 hour ago | StarsInsider

LIFESTYLE

Wealth

A new study by Swiss banking giant UBS, published on December 4, reports that the number of billionaires worldwide hit record levels in 2025, driven in part by soaring tech valuations and rising stock prices.

Currently, around 2,900 billionaires hold a combined wealth of US$15.8 trillion, up from roughly 2,700 billionaires with nearly $14 trillion a year earlier. In the United States, the billionaire count climbed to 924, representing almost a third of the global total, while China follows with 470 billionaires.

Indeed, money might not make the world go around in a literal sense, but it certainly does give it a helping hand! Click through the following gallery to see which nations boast the highest number of millionaires and billionaires.

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