Ten Key Facts about Billionaires (2024)

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Did you know facts about billionaires? ›

There are currently 2,640 billionaires in the world, worth a collective wealth of US$12.2 trillion, according to Forbes' 2023 World's Billionaires list. While only a small fraction of our population, the top billionaires in the world have reached levels of wealth most of us can only dream of.

Selena Gomez has joined the youngest billionaires club with an estimated net worth of USD 1.3 billion, largely due to her beauty brand Rare Beauty, launched in 2019. Here's a list of her investments that enabled her to achieve this financial feat.

Wealth distribution

While there were a total of 3,194 billionaires worldwide in 2022, a high number of the world's population owns less than 10,000 U.S. dollars. As a result, nearly half of the world's wealth is owned by the richest percent, highlighting the issue of global inequality.

Meet the world's secretive billionaires who give stealth wealth a whole new meaning, from Ike Perlmutter to Philip Anschutz. Stealth wealth is all the rage when it comes to fashion, but for some billionaires, it's a way of life. These mega-rich personalities are notorious for avoiding the public eye.

The most common traits among billionaires are work ethic and refusal to give up.

Many of them have set up businesses or corporations which employ thousands of people and sell goods or services to millions of people.

The average age of a billionaire is 66. The oldest list member is 102-year-old insurance tycoon George Joseph ($1.7 billion), one of 425 people who are 80 or older.

Synopsis. A 19-year-old Brazilian student, Livia Voigt, claims the title of the world's youngest billionaire, surpassing Italian teen Clemente Del Vecchio. Voigt, heiress to a major electrical motors manufacturer, holds a net worth of $1.1 billion.

Elon Musk is on pace to become the world's first trillionaire. And that club could grow quickly over the next 10 years. There are, at present, no trillionaires on planet Earth, but that could change in the next two years, according to a new report from wealth-tracking service Informa Connect.

According to a 2021 billionaire census, women make up 11.9% of the billionaire cohort, and "just over half of all female billionaires are heiresses, with an additional 30% having a combination of inherited and created wealth." In the overall female billionaire cohort, 16.9% of billionaires are "self-made" and 53.5% ...

Can you become a trillionaire? ›

While there are a select number of billionaires on Earth, there are presently no trillionaires. However, Informa Connect recently reported that Musk has the highest odds of becoming a trillionaire in the not-so-distant future. It's indicated that his average net worth typically grows at a rate of 109.88% every year.

Millionaire IQ is 118 and Billionaire IQ is 133. Average for +10b is 151. Average for every one else is 100. So, if you inherent it, you won't have a high iq guaranteed.

FRANCOIS PINAULT, LUXURY GOOD ENTREPRENEUR , Net worth: $15 billion, , Earlier in his lifetime, Pinault dropped out of high school due to receiving abuse for being poor. He would later go on to form PPR, a luxury brand that owns the likes of Gucci, Alexander McQueen, Yves Saint Laurent and Stella McCartney.

John D. Rockefeller is often cited as the world's first billionaire, achieving that status in 1916 through his ownership of Standard Oil.

Elon Musk, CEO of Tesla, is the richest person and the richest man in the world with a net worth of $239 billion. After Musk is Jeff Bezos, founder of Amazon. Other billionaires with some of the largest net worths include LVMH's Arnault, Microsoft's Bill Gates, and Oracle's Larry Ellison.