GoKawiilA new report offers a demographic portrait of the typical billionaire: male, 71 years old, and getting richer by the minute. The planet has more billionaires than ever before. According to a new report, the total wealth of the super-rich is growing, but that doesn’t mean wealth is being spread evenly across the population—or across generations for that matter.
Ultra-rich ‘super billionaires’ have quadrupled their share of global wealth over the last decade
Why This Matters
A new report finds the world has more billionaires than ever, and the very wealthiest — 'super billionaires' — have quadrupled their share of global wealth over the past decade. The typical billionaire is profiled as male and 71 years old, underscoring that record aggregate wealth gains are concentrating at the very top rather than spreading across the population or younger generations.
Key Takeaways
- Super billionaires' share of global wealth has quadrupled in ten years.
- Billionaire ranks are at an all-time high, with total wealth still climbing.
- The typical billionaire is male and 71, highlighting a concentration by gender and generation.
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