Part 2/9:
When Forbes first introduced its billionaire list in 1987, it struggled to locate individuals with fortunes exceeding $28 billion (adjusted for inflation). This year, that threshold is insufficient to make even the top 50 on the list. The current landscape has seen a remarkable increase in billionaire wealth, with total fortunes increasing by $2 trillion in just 2024. This increase occurred at a rate three times faster than the growth of the overall global economy.