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wealth
Business / 11 weeks ago
The global millionaire map: Where wealth really lives in 2025
Wealth distribution across the globe has never been more uneven. A new analysis highlights an obvious global wealth imbalance, showing that North America is home to a staggering 26.7 million millionaires, followed by Asia-Pacific (17.7 million) and Europe (16.7 million). In sharp contrast, Latin America (915,000) and Africa (352,000) remain far behind, underscoring deep-rooted disparities in global economic development. These figures, drawn from data from Millionaire Migrant, paint a vivid picture of how money and opportunity are concentrated in certain regions while others continue to lag.
Business / 20 weeks ago
Global billionaire boom: U.S. leads as number of billionaires tops 3,000 in 2025
The number of billionaires worldwide has surpassed 3,000 for the first time in history, according to Nairametrics. The 2025 billionaire count stands at 3,028 individuals, reflecting a striking transformation in global capital distribution and entrepreneurial expansion. According to the 2025 Billionaire Wealth Study by the COSMOS Analytic Institute, total billionaire wealth now exceeds $14.5 trillion, up 12% from 2024. Analysts warn, however, of growing wealth concentration—just 10% of billionaires hold over 60% of this wealth, echoing concerns flagged by economists at Forbes’ Global Wealth Roundtable.
Culture / 31 weeks ago
Warren Buffett, Bill Gates top popularity rankings among America’s richest
While financial success often brings visibility, public perception tells a more nuanced story. A recent chart published by Reuters highlights the popularity of the top 10 richest Americans and reveals a sharp contrast between net worth and public favourability. Warren Buffett, with a net worth of $150 billion, ranks highest in public favourability (52%). His image as a humble, value-driven investor who still lives in a modest home in Omaha has long contrasted with the flashiness associated with extreme wealth. His extensive philanthropic efforts through the Giving Pledge have only strengthened this perception.
Business / 50 weeks ago
Top 10 billionaires in Africa in 2024
Like many regions globally, Africa is home to some of the world's wealthiest individuals, whose fortunes span various industries from cement and telecommunications to luxury goods and mining. According to Forbes' 2024 list, here are the top 10 billionaires in Africa:
Business / 1 year ago
The ages these big names became billionaires
The journey to becoming a billionaire is often a fascinating tale of innovation, perseverance, and sometimes, a bit of luck. According to the Economic Times, the ages at which some of the world's top billionaires reached this milestone vary widely, reflecting diverse paths to immense wealth.
