
World's billionaires lost a total of $388 billion in 2018
Read full article: World's billionaires lost a total of $388 billion in 2018By the end of the year, there were 57 fewer global billionaires, for a total of 2,101 worldwide. By the end of 2018, there were 89 tech billionaires, up from 70 in 2017. While the amount of wealth held by billionaires across the Americas was flat, the total number of billionaires went up by 4.8% in 2018 for a total of 749 billionaires in the region. Technology entrepreneurs continued to push the global economy, driving almost a third of the growth in billionaire wealth over the past five years. Tech billionaires alone held $1.3 trillion in assets by the end of 2018, with their net wealth nearly doubling over five years.
