Tag: Wealth Gap

World’s List of Billionaires Tops 3,000

Buck Banks

3,028

The ranks of the monocle-wearing class are growing: Forbes has found there are now 3,028 billionaires on the planet. That’s a whole lot more than the 140 the magazine located when it started keeping a list in 1987. Twenty years later, there were 1,000 in total, and by 2017, the roll of the richest had reached 2,000. As of last year, there were 2,781. And it’s not just that there are more billionaires, it’s also that those in the rarest air are even richer than in years past—as of March 7, the world’s billionaires boasted a combined worth of $16.1 trillion, which is almost $2 trillion more than a year ago.

Oxfam: Billionaire Wealth Surges to ‘Unimaginable’ Levels

Buck Banks

$15 trillion

“Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said Monday in its annual inequality report,” NBC News reports. “The combined wealth of the world’s most wealthy rose from $13 trillion to $15 trillion in just 12 months, the global charity said Sunday. It marks the second-largest annual increase in billionaire wealth since Oxfam records started.”