Today: 30 June 2026
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ASX:PNR.AX 24 January 2026

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  • AI Rally Lifts Global Billionaire Ranks 13%, UBS Says
    June 30, 2026, 10:29 AM EDT. UBS says the global billionaire count is up 13% to 3,302, as AI-linked stock gains drove average wealth up 25%. The US has 15 billionaires each worth at least $50bn. Worldwide, millionaire numbers rose past 57.5 million, helped by climbing stock markets and a weaker dollar. Still, fewer than 60,000 people now hold three times the wealth of the world's bottom half. Political pressure to tax the ultra-wealthy is growing over concerns about their sway. UK billionaires dropped to 156, a shift tied to tax regime changes but with little effect on business so far.
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