Overview
- The global tally reached 2,919 billionaires, up from 2,682 a year earlier, according to UBS and PwC’s 2025 report.
- Wealth linked to technology rose 23.8% to $3.0 trillion, while industrial entrepreneurs posted the fastest growth at 27.1%.
- The United States hosts 924 billionaires with about $6.9 trillion in wealth, and Germany leads Europe with 156 worth $692.1 billion.
- UBS counted 91 new billionaires through inheritances, and with roughly one-third aged 70 or older it estimates about $5.9 trillion will pass to children within 15 years.
- Mobility has accelerated since COVID, with over a third having relocated to destinations including Switzerland, the UAE, the U.S., Singapore, Monaco and Italy, and UBS says Switzerland’s appeal may have been reinforced by voters rejecting a high inheritance tax.