The gap between the rich and the poor continues to rise at an extraordinary pace. Just 56,000 ultra-wealthy individuals—the world’s richest 0.001%—now control more wealth than the poorest 4 billion people on Earth combined, according to UBS’s 2026 Global Wealth Report.
For Bill Holland, the former CEO of Canadian financial services giant CI Financial, that growing concentration of wealth comes with a responsibility to give back. The self-made multimillionaire has donated more than $100 million of his own fortune and personally raised another $50 million for charitable causes. But he argued that many of his wealthy peers in Canada haven’t embraced the same ethos.
