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How many billionaires are there in the world?

ngpf.org 4/16/24

Q:

Investing

QUESTION OF THE DAY

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A:

QUESTION OF THE DAY

Investing

2,781 billionaires

  • That’s about 0.00003% of the world population
  • Their total wealth is around $14.2 trillion
  • That’s about 3% of the world’s total wealth

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FOLLOW-UP QUESTIONS

  • How does the number of billionaires compare to the total world population? What does this tell you about the rarity of becoming a billionaire?

  • Reflect on how the concentration of wealth among a small number of billionaires might impact economies and societies. What are potential positive and negative effects?

  • If you had the resources of a billionaire, what would you do in terms of investment, philanthropy, or business ventures? Why?