NUMBER OF BILLIONAIRES HITS NEW RECORD HIGH IN 2014 (STA BREAKING NEWS and ARCHIVES)

by STANews , Wednesday, September 17, 2014, 17:42

The number of billionaires increased by 155 in 2014 reaching a record high of 2,325, according to the Billion Census report. The research showed that more than half of the new super-rich are self-made, and more than a third don’t have a university degree.

There was a 7.1 percent increase in the number of billionaires across the world in 2014 said the report, compiled by the consulting company Wealth-X and the Swiss bank UBS.

Even though 2,325 is a new record, experts suggest the number could reach almost 4,000 by 2020 in the most bullish scenario, while conservatively it could reach 3,600.

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http://rt.com/business/188500-billionaires-world-number-2014/