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AI boom helps fuel surge in global billionaire wealth, report says

Altrata said artificial intelligence and rising equity values helped drive the increase as the number of billionaires climbed to 3,795.

  • The world had a record 3,795 billionaires in 2025, according to a report from Altrata. Their collective wealth increased 12.8% to a record $15.1 trillion, driven by the emergence of artificial intelligence.
  • Wealth is generally concentrated in equity stakes rather than liquid assets, Altrata reports. Among billionaires, 62% are considered fully "self-made," while just 7.8% fully inherited their wealth.
  • New York City hosts the most billionaires globally with 164, followed by Hong Kong and San Francisco. Of the world's billionaires, 1,265 are Americans, and there are now 29 "superbillionaires" with a net worth of at least $50 billion.
  • More than 5% of billionaires own stakes in sports franchises, while Chicago and Los Angeles also rank among the top 10 cities globally by number of billionaires. Taylor Swift and Magic Johnson joined the Billionaires List.
  • Global billionaire totals have grown from 2,397 in 2016 to 3,795 in 2025. The number of billionaires has steadily increased over the last decade, reflecting long-term wealth concentration trends.
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According to a report by Altrata, the proliferation of AI technology has driven the number of billionaires worldwide to an all-time high of 3,795. Their total assets have surged to $15.1 trillion, with the top 29 ultra-high net worth individuals accounting for a significant portion of the total wealth. Amidst deepening wealth inequality, a massive generational shift in wealth is expected over the next decade.

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AI boom helps fuel surge in global billionaire wealth, report says

Altrata says the world had a record 3,795 billionaires in 2025, with collective wealth rising to $15.1 trillion amid the AI boom.

The artificial intelligence investment frenzy has meant that by 2025, the population of the world's richest people has grown to almost 3,800, and their combined wealth has reached $15.1 trillion.

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TownFlex broke the news on Saturday, September 5, 2026.
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