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The Guardian - UK
The Guardian - UK
World
Lauren Almeida

Record numbers becoming billionaires through inheritance, UBS report finds

UBS
Red ferrari on quayside with super-yacht behind it
Luxury yachts and cars in Monte Carlo. The French parliament has voted against a proposal for a 2% tax on fortunes over €100m. Photograph: Elijah Lovkoff/Alamy

The super-rich are inheriting record levels of wealth as they pass down billions of dollars to their children, grandchildren and spouses, research by a Swiss bank favoured by billionaires shows.

Globally, there are 2,919 billionaires this year, up from 2,682 in 2024, UBS found.

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