There are 2,604 billionaires in the world, and 55.8% of them are self-made.
That’s according to the Billionaire Census published Thursday by market research firm Wealth-X.
Taken together, self-made billionaires have a total of nearly $5 trillion.
Another 30.9% of billionaires made at least some of their wealth themselves, according to the report, while 13.3% inherited their wealth entirely.
The data showed a “continuation of the long-term trend in the gradual increase in the proportion of self-made billionaires,” says the report, which is based on Wealth-X’s own proprietary data and intelligence from Jan. 1 through Dec. 31, 2018. This was “despite a broad weakening of asset markets and more subdued global growth prospects,” which the report says “highlights the growing importance of entrepreneurship in creating and preserving substantial wealth.”
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