What a new billionaire census tells us, in charts
1 min read 06 Jun 2023, 08:23 PM ISTThe number of billionaires across the world reduced to 3,194 from 3,310 in 2022, making this the first decline since 2018, a report by data intelligence platform Altrata found.
PremiumThe world’s billionaire population dropped 3.5% to 3,194 in 2022 as global markets faced volatility amidst high inflation, the Ukraine war, and monetary tightening by central banks, showed a 'billionaire census' by Altrata, a data intelligence platform. Eleven of the 15 countries with the most billionaires saw a drop, with India’s count falling 8.9%, the worst after China’s. Around 29% of the billionaire population was concentrated in just 16 cities, Mumbai being the sole Indian city in the list. Hong Kong and Switzerland had the most super-rich people per million population, and India had the least among top countries, a Mint analysis showed. The data is based on Altrata’s Wealth-X platform. Here’s more.
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