Axios - The U.S. has a third of the world's billionaires — but they hold 43% of global billionaire wealth, according to data firm Altrata's latest report.
- China is a distant No. 2, with 321 billionaires accounting for 10% of the wealth.
The big picture: "Surging stock markets lifted the fortunes of many of the world's richest people in 2024, leaving a record billionaire class of 3,508 individuals with $13.4 trillion in collective wealth, up 10% from a year earlier," The Wall Street Journal reports.
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