#USA #New York #Altrata #Wealth Trends #Billionaire Census

Altrata Billionaire Census 2025 Report Unveiled

Today, Altrata, a prominent provider of insights on the ultra-wealthy and influential individuals, disclosed the findings of its latest report, the Billionaire Census 2025. This report marks the twelfth edition of a comprehensive study that systematically tracks and analyzes shifts within the billionaire demographic. The results reveal a remarkable growth trajectory in billionaire wealth and numbers, with total net worth increasing by 10.3%, reaching an astonishing $13.4 trillion. This growth signifies the third consecutive year of wealth increase among billionaires, solidifying their financial dominance.

Key Findings

The Billionaire Census 2025 presents several notable insights:

• - US Dominance: With 1,135 billionaires, the United States claims a significant 34% portion of the global billionaire population. This underscores the country's continued position as a powerhouse in creating and maintaining billionaire wealth.
• - European Growth: Europe has surpassed the 1,000 billionaire mark for the first time in 2024, reflecting a robust population growth of 6.1% that positions it as the world's second-largest billionaire hub.
• - Asian Challenges: In contrast, Asia's billionaire count grew by a mere 2.6%. Factors such as the slowdown in the Chinese economy and ongoing trade tensions have tempered growth across the Asian billionaire community.
• - Wealth Disparity: Billionaires represent less than 1% of the ultra-high net worth (UHNW) population while controlling almost 25% of the total wealth in this segment.

Sector Performance

The report highlights that wealth increase has been most pronounced among billionaires connected to technology and the entertainment/hospitality sectors. As the tech sector continues to influence the market heavily, those individuals tied to technology have seen their financial resources swell remarkably.

In North America specifically, an 7.8% increase in the number of billionaires has been observed, driven significantly by the gains of U.S. technology stocks. This trend has propelled North America to reinforce its position as the premier billionaire region.

Billionaire Volatility

The Billionaire Census also explores the inherent volatility experienced within the billionaire ranks. In the past three years, on average, about 10% of those with net worths ranging from $1 billion to $2 billion fell below this threshold annually. A staggering 8% of billionaires within this wealth bracket lost their billionaire status last year alone. Those whose primary business operations are tied to publicly traded companies are notably more susceptible to such fluctuations compared to owners of private enterprises.

Brian Alster, CEO of Altrata, commented, "The billionaire class is dynamic and affected by various external pressures. Factors like market volatility and technological innovation can considerably reshape wealth distribution. Continuous monitoring and understanding of these elements are crucial for anticipating future trends."

Importance of the Census

Altrata's Billionaire Census continues to be an essential tool for stakeholders aiming to engage with ultra-wealthy populations worldwide. Its comprehensive datasets provide insight that supports informed decision-making for businesses, non-profits, and policymakers aiming to navigate this complex landscape. As the wealth gap evolves, understanding billionaire dynamics becomes increasingly vital for strategic planning and investment approaches.

To explore the full findings of the Billionaire Census 2025 and the implications for global wealth management, access the complete report available on Altrata's website.

About Altrata

Altrata specializes in providing pivotal intelligence regarding business leaders, affluent individuals, and influential figures across the globe. Their services are leveraged by organizations involved in commercial growth, philanthropy, and education, aiming to advance their strategic initiatives through meaningful relationships and insights.