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World’s super-rich club now has 15 members with fortunes over $100 billion

by AIP Online Bureau | May 17, 2024 | Eco/Invest/Demography, International News, Policy, Technology, Wealth Management/ Philanthropy

The combined net worth for these people is up 13 per cent this year to $2.2 trillion, according to the Bloomberg Billionaires Index, beating the pace of inflation and the broader stock market. Between them, they hold nearly a quarter of the wealth of the world’s 500...

China’s super-rich see fortunes plunge as economy slows

by AIP Online Bureau | Nov 8, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

The Hurun Rich list, which ranks China’s wealthiest people with a minimum net worth of 5 billion yuan ($692 million), said only 1,305 people made the mark this year, down 11% from last year. Their total wealth was $3.5 trillion, down 18% Meanwhile, the number of...

Pandemic boosts super-rich share of global wealth

by AIP Online Bureau | Dec 7, 2021 | Eco/Invest/Demography, International News

The World Inequality Report produced by a network of social scientists estimated that billionaires this year collectively own 3.5% of global household wealth, up from slightly above 2% at the start of the pandemic in early 2020. Analysts say some super-rich have...

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