Billionaire

Wealth inequality in the United States increased from 1989 to 2013.[10]

Global share of wealth by wealth group, Credit Suisse, 2017

According to the UBS/PwC Billionaires Report 2019 report released in November 2019, there are currently 2,101 U.S. dollar billionaires worldwide, from 66 countries, with a combined net worth of $8.5 trillion.[11] [12]The majority of billionaires are male, as fewer than 11% (197 of 1,826) on the 2015 list were female billionaires.[13] In 2015, there were ten openly LGBT billionaires. The United States has the largest number of billionaires of any country, with 536 as of 2015,[13] while China, India and Russia are home to 213, 90 and 88 billionaires respectively.[14][15] As of 2015, only 46 billionaires were under the age of 40,[13] while the list of American-only billionaires, as of 2010, had an average age of 66.[16]

In 2019 there are now a record 607 billionaires in the U.S. That includes 14 of the world's 20 richest. Jeff Bezos is again number 1 in the world, followed by Bill Gates at number 2.[17]

The number of billionaires that, with assets combined, would own as much money as half the world population, and what transport they would fit on, between years 2010 to 2016[18]

According to a 2016 Oxfam report, the wealth of the poorest 95% dropped by 38% between 2010 and 2015, thanks to an increase in the global population of 400 million.[18] In the same period, the wealth of the richest 62 people between the World's Billionaires increased by $500bn (£350bn) to $1.76tn. This number has fallen dramatically from 388 as recently as 2010. More recently, in 2017 an Oxfam report noted that just eight billionaires have as much net worth as "half the human race".[8][9] However, the Oxfam report has been criticized for considering debt as negative wealth, which leads to wealthy people with large amounts of debt to be considered poor or not wealthy.[19]

In 2019, 19 people became billionaires. Four of the members joined as a result of death or divorce, including Julia Koch and Jeff Bezos's ex-wife Mackenzie Bezos. [20]

New members now also include more and more women. In the last five years, the number of female billionaires has grown by 46 percent, that is more than the number of male billionaires in the same period (39 percent). There are now 233 female billionaires in the world, a steep growth from 160 in 2013.[11]

The table below lists numerous statistics relating to billionaires, including the total number of known billionaires and the net worth of the world's wealthiest individual for each year since 2008. Data for each year is from the annual Forbes list of billionaires, with currency figures given in U.S. dollars. Data since 2018 also includes the Wealth-X billionaire census which typically finds higher numbers than Forbes.