Global billionaire population hits record 2,900 in 2025 |
| The number of billionaires worldwide has risen to 2,900, collectively controlling $15.8tn in wealth, according to a new report from UBS. This marks an increase from 2,700 billionaires with $14tn in 2024, driven by tech sector valuations, rising share prices, and investment gains. UBS recorded 287 new billionaires, the second-highest annual increase since tracking began in 2015, split between entrepreneurs and heirs, including Colossal Biosciences founder Ben Lamm and 15 members of two German pharmaceutical dynasties. The rise reflects a broader generational transfer of wealth, with inheritance playing a growing role. The US remains the dominant region, though billionaire clients surveyed by UBS reported declining short-term investment appeal in North America (63%, down from 81%), with growing interest in Western Europe and Asia. |
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