Record numbers becoming billionaires through inheritance, UBS report finds
Business
Swiss bank says bequests made 91 people billionaires, while overall number jumped from 2,682 in 2024 to 9,919 this year Swiss bank says bequests made 91 people billionaires, while overall number jumped from 2,682 in 2024 to 9,919 this year 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 9,919 billionaires this year, up from 2,682
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