Forbes has been keeping track of billionaires around the world since 1987. That year, they found only 140 billionaires. It took about 20 years for the number to cross 1,000, and by 2017, there were 2,000 billionaires globally.
Now, in 2025, the number has reached 3,028—an increase of 247 from last year. These billionaires include business owners, investors, and people who inherited wealth.
Not only is the number of billionaires rising, but their total wealth is also at an all-time high. Together, they are worth $16.1 trillion, which is almost $2 trillion more than in 2024.
The United States has the highest number of billionaires, with a record 902. China comes next with 516, including those from Hong Kong. India follows with 205 billionaires.
This rapid growth shows how wealth is expanding worldwide. While some billionaires made their fortune through businesses and investments, others inherited it. The increase in billionaires also reflects the fast-changing global economy, where new industries and innovations create massive wealth.
Despite the rising number of billionaires, wealth distribution remains unequal. While a small group of people control vast amounts of money, millions still struggle financially. This raises questions about economic fairness and how wealth should be shared.
As the number of billionaires continues to rise, it will be interesting to see how economies evolve and whether this trend continues in the coming years.
