The global billionaire population reached a record 3,795 in 2025, with combined wealth rising 12.8 per cent to $15.1 trillion, according to Altrata. The AI boom and technology stocks drove much of the growth, while wealth concentration intensified
Asian markets mostly fell Friday, tracking Wall Street losses amid investor concerns over AI disruptions impacting tech stocks. Tokyo, Hong Kong, Shanghai, and Australia saw declines, while South Korea’s Kospi gained. U.S. inflation data and tech earnings influenced global market sentiment