Wealth-X CEO Mykolas Rambus

Global billionaire population has reached a record
2,325 with the addition of 155 new billionaires in
2014.
According to the Wealth-X and UBS Billionaire
Census 2014, released yesterday, 155 new
billionaires were minted this year, pushing the
global population to a record 2,325 – a 7% rise
from 2013.
The combined wealth of the world's billionaires
increased by 12% to US$7.3 trillion, which is
higher than the combined market capitalisation of
all the companies that make up the Dow Jones
Industrial Average.
The Wealth-X and UBS Billionaire Census 2014 –
the only comprehensive, global study on the
composition and dynamics of this top tier of the
global ultra-high net worth (UHNW) population –
shows that Europe, with 775 billionaires, is the
region with the most billionaires and billionaire
wealth (US$2.37 trillion). North America – the
region with the most billionaire wealth in 2013 –
was overtaken by Europe in terms of billionaire
wealth in this year's census.
Asia, however, boasted the largest billionaire
wealth increase, with the region's billionaires'
fortunes growing by 18.7% over the past year.
The region is responsible for 30% of the net
increase in global billionaire wealth in 2014.
Asia's billionaire population grew by 10% in 2014,
with 52 new entrants into the billionaire club – 33
are from China.
The United States maintains its position as the
world's top billionaire country with a population of
571 billionaires in 2014, followed by China (190)
and the United Kingdom (130), which took the
third spot from Germany (123) on the Top 40
Billionaire Countries/Territories list
The census – which looks at the global billionaire
population from July 2013 to June 2014 –
examines this top-tier wealth segment by
geographical location, gender, sources of wealth
and personal traits.
"Wealth-X is pleased to partner with UBS for a
second consecutive year to produce the Wealth-X
and UBS Billionaire Census," Wealth-X CEO
Mykolas Rambus said.
www.thisdaylive.com/articles/global-billionaire-population-reaches-record-2-325/189470/

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