Combined assets of $14.2trn are more than the GDP of every country except China and the US

There are more billionaires than ever before. The world has 2,781 people with fortunes exceeding $1bn (£800m), an increase of 141 on 2023, according to Forbes’ annual ranking of the world’s richest people – with Taylor Swift among those making the list.

The billionaires are also collectively worth more than ever, with combined assets estimated at $14.2trn – a $2trn increase on 2023 and more than the GDP of every country except the US and China.

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