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Billionaires' Wealth Surges Outpacing Stock Market Growth Driven by Tech Sector

The wealth of the world's billionaires has surged by over 120% in the past decade, significantly outpacing the 73% rise in global stock markets, largely due to the dominance of tech entrepreneurs. The number of billionaires increased from 1,757 in 2015 to 2,682 in 2024, with tech billionaires seeing their wealth triple to $2.4 trillion. Despite a recent underperformance in real estate, many billionaires plan to increase investments in this sector and precious metals as safe havens amid global uncertainties.
11:35 05.12.2024
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