The authors examine how AI, asset markets, geography, mobility, sports ownership, and inheritance are reshaping the global billionaire class. Billionaire wealth rose 12.8% to $15.1 trillion in 2025, while just 29 people controlled 27% of it and $6.6 trillion is expected to transfer over the next decade.
Billionaire Census 2026
Altrata
Maya Imberg, Maeen Shaban
Research
33 Pages
Key Takeaways
Billionaire wealth surges: Population grew 8.2% to 3,795 in 2025, while total wealth jumped 12.8% to a record $15.1 trillion.
AI magnifies fortunes: Among 150 listed companies most tied to billionaire wealth, meaningful AI investors outpaced non-investors by 23% in 2024–25 market-cap growth.
Concentration intensifies: Just 29 people with fortunes above $50 billion hold 27% of billionaire wealth, up from 7.2% in 2017.