The surge in wealth among billionaires over the past decade has resulted in a doubling of their total wealth to $14 trillion.
Tech billionaires, particularly in sectors such as artificial intelligence, cybersecurity, and robotics, have led this growth in wealth.
As a result, the investment strategies of the super-rich are shifting, with a focus on tangible assets like real estate and equities from industrialized nations, as well as safe havens like gold.
This reflects a cautious approach to wealth preservation in the face of geopolitical risks and stock market valuations.
Tech billionaires, in particular, are diversifying their portfolios to include both traditional assets and emerging technologies.
The current geopolitical climate has prompted the super-rich to reassess their investment strategies, with a desire for liquidity and a focus on assets that can withstand market volatility.
Overall, the investment decisions of billionaires will continue to shape global markets as they navigate a complex investment landscape.