According to the Billionaire Ambitions Report 2022, published by UBS, a Swiss-based global financial services firm, as of March 2022, there were 2,668 billionaires worth $12.7 trillion in the world, down from 2,755 individuals and $13.1 trillion in 2021. Both the number of billionaires and their total wealth dropped about three percent.
The United States is the champion of the number of billionaires and total wealth. While the number of billionaires worldwide has shrunk, the number of billionaires in the United States rose to 735 from 724 in 2021, with total wealth increasing nearly seven percent to $4.7 trillion. According to the report, the United States is home to almost one third of all billionaires globally….