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Combined net worth of billionaires up by $796B to $7.6 trillion in 2019

88.1% of billionaires male and the average age is 65.9. Image courtesy of Wealth-X 88.1 percent of billionaires were male and the average age is 65.9. Source: Wealth-X

 

The number of global billionaires grew last year, and luxury marketers should be looking to understand this audience since these wealth leaders influence the consumption patterns of all affluent consumers.