There has never been a better time to be a billionaire. Thanks to AI’s explosion, sizzling markets and favorable fiscal policies, a record 3,428 entrepreneurs, investors and heirs made this year’s World’s Billionaires list, 400 more than in 2025.
They are richer than ever, worth a record $20.1 trillion, up $4 trillion from last year. The U.S. has the most billionaires, with a record 989. China, including Hong Kong, is next, with 610, and India ranks a distant third with 229.
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