According to the 2014 "Billionaire Census" from
Wealth-X and UBS the world has 155 new billionaires, pushing the worldwide total
to 2,325-a 7% jump from 2013.
So who is your standard billionaire? According to the report, the typical
billionaire has about $3.1 billion, is 63 years old, and did not reach the $1
billion threshold until their late 40s. Almost 90% of them are married, and on
average, have two kids a piece. Check out other features of billionaires:
They like to hang with other
billionaires: They have relationships with nine ultra-high net
worth individuals, three of whom are billionaires.
They're mostly male:
Just 286 of them are women.
They're self-made: About
60% of male billionaires fully made their fortunes themselves, and another 27%
have at least partly made their money themselves. Though it's a different story
for the women -- just 17% are self-made. More than 65% of women billionaires
inherited their wealth.
They own a lot of stuff:
The typical billionaire owns four properties, each worth an average of $23.5
million. About 35% of billionaires have their own private philanthropic
foundations, and one in thirty billionaires owns a sports team or a race horse.
Education isn't required: Not
all billionaires have a wall full of degrees. In fact, the report states that
35% of global billionaires do not have bachelor's degrees.
For those who did go to college, University of
Pennsylvania tops
the list of schools with most billionaire undergraduate alumni.
Unsurprisingly, Harvard, Yale and University of Southern
California follow, but University of Mumbai and Moscow State University aren't
far behind. However, 16 of the top 20 are in the United States.
And where do they live?:
Nearly 35% of the world's billionaires are concentrated in 20 cities, only two
of which are in the United States. Despite that, the U.S. has the highest
number of billionaires, accounting for close to 25% of the world's total
billionaire population.
Source:CNN Money
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