[ad_1]
Global billionaire wealth will surge 17.8% to reach a record $11.8 trillion in 2021, according to a report released Wednesday by wealth information and insights provider Altrata, surpassing the global billionaire population. increased by 3.3% to 3,311.
This report is based on data from Wealth-X, a subsidiary of Altrata.
Billionaires hold a very large percentage of the world’s wealth. Last year, they accounted for his 0.9% of the world’s ultra-high net worth population (whose net worth is over $30 million), but his 27.4% of total wealth in that elite group.
The report’s top 15 countries are home to just over three-quarters of the world’s billionaire population and 81% of total billionaire wealth.
Global Billionaire Hub
North America has consolidated its position as the world’s leading billionaire region, with 1,035 in 2021, an increase of 5.6% from the previous year. Europe saw the biggest surge in the billionaire population, rising 6.8% to 954. The number of Asian billionaires he increased by 1.8% to 899.
In 2021, New York cemented its position as a global billionaire hub, recording the largest net population growth of any urban center. New York has more billionaires (138) than all but a few countries in the world. In second place Hong Kong he has 114 billionaires and in third place San Francisco he has 85 millionaires.
Kuwait City, San Francisco and Hong Kong have the highest density of billionaires, according to the report. Kuwait’s capital, which faces the Persian Gulf, has 1 millionaire to 33,090 inhabitants. San Francisco, a tech giant with 56,209 inhabitants and one of him. Financial services-centric Hong Kong has one in 59,516 inhabitants.
Russia has dropped four places in the 2021 rankings. Alltrata, however, said its ranking was based on data collected before the Ukrainian invasion and the imposition of tough international sanctions, highlighting weak growth dynamics, a difficult business environment and high demand for the natural resources sector. It states that it reflects the degree of dependence.
“Super-billionaires” are just 20 individuals with net worths of $50 billion or more each, and will account for 17% of all billionaire wealth in 2021, up from 11% in 2019. , up sharply from just 4% in 2016.
Of the top five primary industries, technology has the youngest and has the most self-made billionaires, while industrial conglomerates have the oldest and least self-made billionaires.
According to data from BoardEx, another Altrata company, the average U.S. CEO or non-profit trustee has direct ties to about four billionaires, with more than 250 and a second-tier billionaire. There is a connection.
Check out our gallery of 15 countries with the most billionaires.
[ad_2]
Source link
