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Number of billionaires globally soars by 13% amid AI shares boom

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Billionaires’ wealth grew by 25% on average in the year ended in April, research from Swiss bank UBS findsBusiness live – latest updatesThe number of billionaires in the world has jumped by 13% to a record 3,302 people, new figures show, as the super-rich accumulate wealth at an accelerating rate. Billionaires’ wealth grew by 25% on average in the year ended in April, compared with a 10.8% rise in average personal wealth around the world, the Swiss bank UBS found.

Billionaires’ wealth grew by 25% on average in the year ended in April, research from Swiss bank UBS finds

The number of billionaires in the world has jumped by 13% to a record 3,302 people, new figures show, as the super-rich accumulate wealth at an accelerating rate.

Billionaires’ wealth grew by 25% on average in the year ended in April, compared with a 10.8% rise in average personal wealth around the world, the Swiss bank UBS found.

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Originally published by The Guardian Business Read original →