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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
The UBS Billionaire Ambitions Report 2024 reveals that billionaire wealth has surged by 121% since 2015, reaching $14 trillion, with tech billionaires leading this growth. The number of billionaires increased from 1,757 to 2,682, while U.S. billionaires saw the largest gains in 2024. In Western Europe, wealth accumulation has slowed due to rising interest rates, and baby boomer billionaires are expected to transfer $6.3 trillion to heirs or charities over the next 15 years. More than 40% of billionaires plan to increase investments in real estate and equities, alongside a growing interest in gold and precious metals.
Germany is home to 117 billionaires, with a growing focus on real estate and gold as safe investments amid geopolitical risks and economic concerns. The total wealth of these billionaires has increased by 10% to $546 billion, yet only 28% are self-made, highlighting challenges for entrepreneurship in the country. Globally, the number of billionaires has stagnated, particularly in China, while female billionaires have seen significant growth, reflecting increased female participation in entrepreneurship.
Maximilian Kunkel
People
12:36 05.12.2024
08:00 05.12.2024
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