The Guardian Australia – Business ·business ·2 hours ago

Number of billionaires globally could reach 4,000 in next five years

The global billionaire count could reach nearly 4,000 by 2031, rising from 3,110 today, according to Knight Frank analysis. This represents a 25% increase driven by rapid wealth accumulation, particularly in tech sectors like artificial intelligence. Rising inequality has prompted calls for higher taxes on the super-rich as their influence grows worldwide.

Summary by Glance · The Guardian Australia – Business

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