The landscape of the world’s wealthiest is changing, and to mark the shift this infographic from All Finance Tax showcases the way in which the profile of those making it big is changing. Entitled ‘Billionaire’s Paradise – The world’s wealthiest people of 2015, the graphic highlights that with technological innovations forever changing our world, today’s up and coming billionaires are younger than ever, with a record number of women becoming billionaires this year.
The world’s billionaires have a combined net worth of $7.05 Trillion, and while many people believe those in the upper echelons of the world’s wealth have inherited, it is staggeringly stacked in favour of ‘self-made’ billionaires. Of all of the billionaires in the world only 230 inherited their wealth, while a further 405 inherited at least a portion but are taking measures to grow their wealth. Overwhelmingly, 1,191 of the world’s richest are self-made billionaires.
How is the Billionaire landscape changing? Today’s wealthiest are becoming rich younger than ever. Of the world’s wealthiest, 46 billionaires are under 40 this year. May of which have emerged from the growing tech industry with three young billionaires originating from Uber, Travis Kalanick, Garrett Camp, and Ryan Graves. Similarly, three young billionaires have emerged from travel giant AirBnB including Nathan Blecharczyk, Brian Chesky, and Joe Gebbia. Two of the youngest billionaires today earned their fortune from instant messaging platform ‘Snapchat’ and they are Evan Spiegel, aged 24, and Bobby Murphy, aged 25, each worth $1.5 billion.
Today’s billionaires are also emerging from the west, and the rich landscape is becoming U.S. centric. While Asia-Pacific boasts the most billionaires America is emerging as the largest growing location for Billionaires due to the tech boom and a strong U.S. dollar.
The glass ceiling is being slowly broken, as gender boundaries are being pushed with the world’s richest becoming more female focused, a record number of women made the list of the world’s wealthiest this year with 197 women possessing more than 1 billion, versus 172 in 2014.
[Compiled by – All Finance Tax]