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infographic showing the world's billionaires by generation
What similarities do the world’s billionaires share? What are their differences?
At the age of 12, Elon Musk built his first video game. Similarly, Mark Zuckerberg shared an interest in computer programming, building a simple messaging platform at the same age. The co-founder of Oracle, Larry Ellison, developed programming skills at college. All three span different generations and made their fortunes in tech.
In this infographic from BusinessFinancing.co.uk, we explore some characteristics of billionaires across generations, including their average net worth, top sectors, number of children, and most common city of residence.
Using data from Forbes here is how each generation of the world’s billionaires break down.
Silent Generation billionaires are the wealthiest on average across generations. With CEO of Berkshire Hathaway Warren Buffett and Zara founder Amancio Ortega among its ranks, Silent Generation billionaires are most likely to be in finance, fashion, and real estate industries.

Top 5 Sector %
1 Finance & Investments 15.5%
2 Fashion & Retail 12.4%
3 Real Estate 9.8%
4 Food & Beverage 9.0%
5 Manufacturing 9.0%


Media mogul Rupert Murdoch, who owns The Wall Street Journal, Fox News, and The New York Post, is also part of this group. He has a net worth of $13 billion.
Like the Silent Generation, billionaire Boomers are most likely to be in finance. Stephen Schwarzman, founder of private equity firm Blackstone Group, R. Budi Hartono, the richest person in Indonesia, and Ray Dalio, head of Bridgewater Associates, all fall into this generation.
Boomer billionaires are much less likely to be in the tech industry, though Jeff Bezos and Bill Gates have amassed their fortunes in this area.

Top 5 Sector %
1 Finance & Investments
With a net worth of $150 billion, LVMH chair Bernard Arnault is the second richest person in the world. Francoise Bettencourt-Meyers, vice-chairwoman of L’Oreal, ranks 12th. Both fashion conglomerates are based in France and helmed by billionaire Boomers.
The world’s billionaires in Gen X are not only predominantly in tech, but are most likely to live in Beijing, China. Ma Huateng, founder of social media conglomerate Tencent Holdings, created instant messaging platform QQ in his early 20s. Colin Huang built one of China’s largest e-commerce platforms, Pinduoduo, in 2015.

Top 5 Sector %
1 Technology 24.2%
2 Manufacturing 13.4%
3 Finance & Investments 11.6%
4 Healthcare 8.0%
5 Fashion & Retail 7.6%


Gen X billionaires also include Elon Musk and Google co-founder Larry Page.
With the second-highest average net worth after the Silent Generation, millennial billionaires are seen predominantly in tech and finance. Roughly 100 billionaires worldwide fall into this category overall.
Mark Zuckerberg is the only millennial billionaire among the top 10 richest globally.

Top 5 Sector %
1 Technology 31.0%
2 Finance & Investments 12.9%
3 Fashion & Retail 8.6%
4 Media & Entertainment 8.6%
5 Automotive 6.9%


Brian Chesky (co-founder of Airbnb), Bobby Murphy and Evan Spiegel (co-founders of Snapchat), and Swiss billionaire Guillaume Pousaz are all part of this billionaire cohort.
What other trends are seen across the world’s billionaires?
Millennial billionaires are the most likely to be women, with roughly double the rate of all other generations at 19%. Notable billionaire women include Anna Kasprzak, who co-owns Danish shoe company ECCO and Brazil’s Anne-Marie Werninghaus.
Self-made billionaires are most likely to be Gen X. Over 80% of billionaires are in this category, including Google co-founder Sergey Brin and Mu Rongjun, co-founder of Meituan, a company similar to Yelp. At the same time, the most billionaires living outside of the U.S. (81%) were born in this generation.
Billionaire Boomers are most likely to be married. The Silent Generation, meanwhile, are most likely to be U.S. citizens, with hedge fund manager George Soros and the world’s oldest billionaire, George Joseph (100) who founded insurance firm Mercury General, in this set.
Notable exceptions include Robert Kuok (98), the richest person in Malaysia, and Masatoshi Ito (97), chair of Japan’s largest retailer.
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Today, only 15% of banknotes feature women. This infographic looks at who these women are and which countries feature them on their currency
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A study by Swedish loan company Advisa analyzed 1,006 current international banknotes and found that only 15% featured images of women.
Who are these women, and which countries feature them on their bills?
This graphic by Ivett Kovács and Gabrielle Merite visualizes women on banknotes around the world, showing their main occupations, and the value of the banknotes they’re featured on.
To create this graphic, Ivett used data from the Standard Catalogue of World Paper Money, compiled by Vox.
According to the dataset, Queen Elizabeth II is the most featured woman worldwide.
Canada was the first country to use an image of Queen Elizabeth II on their money. In 1935, Canada printed her on a $20 banknote—the British monarch was only a 9-year-old princess at the time. Now, Queen E appears on a variety of different banknotes in 19 different countries. In the Cayman Islands, she’s on their $1, $5, $25, $50, and $100.
A few other queens or royal members have made it onto different banknotes too—Georgia’s 50 lari note has an image of Queen Tamar, who was the Queen of Georgia from 1184 to 1213, and Albania’s 100 lekë features Queen Teuta, a 3rd century queen of an Illyrian tribe.
While royals (especially Queen Elizabeth II) are frequently featured on bills worldwide, women in other positions have also made it onto banknotes.
Authors, singers, poets, and painters are featured on a number of different currencies. For instance, Sweden has Astrid Lindgren—the author of Pippi Longstocking—on their 20 kronor.
Sweden also features three other women on their bills: Birgit Nilsson, Jenny Lind, and Greta Garbo, making their banknote features an even 50/50 split between men and women.
Essentially the only time a woman was prominently featured on a U.S. banknote was in the late 19th century when Martha Washington—the wife of President George Washington—appeared on a $1 silver certificate.
martha washington 1 dollar silver note
This dearth of women on U.S. banknotes may soon come to an end. The Biden administration is now speeding up efforts to put Harriet Tubman on the $20 bill, an initiative that was delayed in recent years. When the plan was initially introduced by then Treasury secretary, Jacob Lew, in 2016, the new design was set to be unveiled in 2020 on the centennial of the 19th Amendment (which granted women the right to vote).
It’s worth noting that women are still consistently underrepresented in positions of power, and in the media.
And even when women do hold authoritative positions, research has shown they’re taken less seriously than their male counterparts.
That’s why events like International Women’s Day exist. It’s not just a time to celebrate women’s achievements—it’s also a day to shed light on existing gender bias, and ultimately take action to help combat gender inequality.
Want to be part of the change? Learn more about Women’s Day, or donate to fundraising efforts for female-focused charities.
The global pool of ultra-high-net-worth individuals (UHNWI) has skyrocketed 75% in five years. In 2021 alone, it jumped 9.3%.
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The pandemic, geopolitical tensions, and supply chain disruptions have thrown the world into disarray in recent years, but that hasn’t stopped the world’s ultra-wealthy population from growing at a strong clip.
New data from this year’s Wealth Report by Knight Frank shows that the number of Ultra-High Net Worth Individuals (UHNWIs) grew 9.3% between 2020 and 2021. Nearly all regions saw an increase in ultra-wealthy people over the time period.
The above visualization from the report explores the global distribution of uber-affluent people. Below, we’ll also look at how the populations are projected to grow in the future.
UHNWIs are defined as having net assets of $30 million or more, including their primary residence.
With over 230,000 UHNWIs in 2021, North America has the largest subset globally, followed by Asia at nearly 170,000. Over the last year, the ultra-wealthy population rose 12.2% and 7.2% across these regions, respectively.

Region UHNWIs (2021) Change (2020–21)
North America 233,590 12.2%
Asia 169,889 7.2%
Europe 154,008 7.4%
Australasia 24,245 9.8%
Latin America 10,337 7.6%
Middle East 9,717 8.8%
Russia & CIS* 6,542 11.2%
Africa 2,240 -0.8%
World 610,569 9.3%


*Commonwealth of Independent States

Following North America and Asia is Europe. In 2021, the top countries for the ultra-wealthy were France (30,000), Germany (28,000), U.K. (25,000) and Italy (17,000). On a per capita basis, Monaco is the highest worldwide, at five people per thousand residents.
Interestingly, the ultra-rich in Russia & CIS (6,500) grew the second fastest across all regions, at 11.2%. Rebounding oil prices, property prices, and stock market valuations likely bolstered this growth. However, the crippling sanctions and economic fallout resulting from the invasion of Ukraine could substantially impair oligarch wealth for many years to come.
How will UHNWI populations change in the next five years?
Globally, the number of ultra-rich is projected to increase a staggering 28% by 2026. (Still, it’s worth noting that growth between 2016-2021 was almost three times this rate, at over 75%.)
projected five-year UHNWI growth
Asia is projected to have the highest growth rate, along with Australasia. In five years, UHNWIs are set to rise 33% in both regions. Singapore is projected to see its ultra-rich population grow 268%, while the ultra-rich living in mainland China are anticipated to grow over 42%.
Meanwhile, North America is projected to see 28% growth, or reaching a total of 300,000 UHNWIs by 2026.
Significant growth is also projected across Latin America. Amid rampant hyperinflation, Argentina is estimated to see a 38% expansion in its ultra-wealthy population.
What is fueling this growth in UHNWIs worldwide?
Sky-high asset prices and a real estate boom are two drivers behind this trend, according to Knight Frank. Ultra-low interest rates, which declined during the pandemic, is another.
Given cheap borrowing costs, the ultra-wealthy have more leverage to build their wealth, such as buying more property or investing in financial assets. In fact, the average UHNWI owns 2.9 properties.
It’s worth noting that strong GDP projections often underlie wealth projections. The IMF predicts that a post-pandemic recovery will be robust. However the crisis in Ukraine could pose meaningful risks to the global economy, especially for inflation and financial markets.
For instance, Russia contributes 12% to the global oil supply, a key factor behind inflation. At the same time, Ukraine supplies 90% of America’s neon—an essential material used in the semiconductor industry—which could further exacerbate supply chain issues.
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