Global billionaire count hits record high in 2025, driven by AI investments

According to a report by Altrata, a wealth intelligence firm, the number of global billionaires reached 3,795 in 2025, marking a new record. Their total wealth increased by 12.8% year-on-year to $15.1 trillion, nearly equivalent to a quarter of the total market value of the S&P 500 index. Among these billionaires, 29 individuals hold assets exceeding $500 billion, including Larry Page, Elon Musk, and Jeff Bezos. AI investment has been a key driver of wealth growth for many billionaires, with their fortunes rising significantly due to the expansion of artificial intelligence businesses. The report highlights that billionaires tend to allocate their wealth towards sports and charity, with 201 individuals owning sports teams or investing in sports franchises. Investing in professional sports teams not only showcases wealth but also provides opportunities for social networking. Charitable investments allow billionaires to leverage their wealth and influence to drive innovation and social impact in various sectors.