Advertisement The profile of the typical billionaire isn't all that surprising. Most of the world's billionaires are men, and the largest share work in finance or banking. Here's a breakdown of the billionaire class, according to a new report.
If you're looking for a billionaire, you might as well be looking for a man in finance , trust fund, 6'5", blue eyes. Well, not exactly, but the typical member of the three-comma club isn't that different from the stereotype. Advertisement The typical billionaire is a man in his 60s, who lives in New York City, loves sports, and works in banking or finance, according to Altrata's 2024 Billionaire Census , which looked at the world's richest citizens as of 2023.
Most of his wealth is probably tied up in public companies, though he also has a penchant for private jets, luxury yachts , and valuable cars. He is also, unlike the man in the TikTok jingle, self-made. There are more billionaires than ever in the world, a total of 3,323.
Their cumulative net worth is $12.1 trillion, up 9% from last year thanks to a stock-market rebound. The United States is home to nearly one third of them, the largest concentration of any country.
New York City alone has 144 billionaire inhabitants — more than any country besides the US, China , and Germany. Advertisement Most — 87% — of billionaires are male, and have amassed their fortunes in different ways than the world's 431 female billionaires. While the majority of all billionaires, about 60%, are .