Personal Finance
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Tom Jones

There is a record number of billionaires in the world, and they’re richer than ever

Forbes’ 39th annual billionaires list, published yesterday, revealed that there are now 3,028 billionaires around the world, with a staggering estimated collective wealth of $16.1 trillion. In the US alone, where even the head of state sits at 700th place in the global rankings, there are a record 902 billionaires. China had 516 on Forbes’ list.

Even with Tesla shares tanking this year, CEO Elon Musk tops the overall list with an estimated net worth of $342 billion, while Mark Zuckerberg and Jeff Bezos round out the top three with $216 billion and $215 billion, respectively. That’s the first time since Forbes started tracking the figures in 1987 that three people have been worth more than $200 billion, with a further 12 billionaires also in the dozen-digit club ($100 billion). To put that into perspective, there wasn’t a single member in 2017.

Going further back, the points of comparison become even more stark.

Global billionaires chart
Sherwood News

In 2010, Forbes’ annual snapshot of the world’s billionaire population showed just 1,001 members, with Mexican business magnate Carlos Slim Helú topping the rankings with $53.5 billion — a sum that would put him in 30th position in 2025. Since then, the count has more than tripled, total collective wealth has more than quadrupled from $3.6 trillion, and the average list member’s net worth has risen from about $3.6 billion to $5.32 billion.

Go Deeper: Read the full list, and how Forbes calculates it, here.

Even with Tesla shares tanking this year, CEO Elon Musk tops the overall list with an estimated net worth of $342 billion, while Mark Zuckerberg and Jeff Bezos round out the top three with $216 billion and $215 billion, respectively. That’s the first time since Forbes started tracking the figures in 1987 that three people have been worth more than $200 billion, with a further 12 billionaires also in the dozen-digit club ($100 billion). To put that into perspective, there wasn’t a single member in 2017.

Going further back, the points of comparison become even more stark.

Global billionaires chart
Sherwood News

In 2010, Forbes’ annual snapshot of the world’s billionaire population showed just 1,001 members, with Mexican business magnate Carlos Slim Helú topping the rankings with $53.5 billion — a sum that would put him in 30th position in 2025. Since then, the count has more than tripled, total collective wealth has more than quadrupled from $3.6 trillion, and the average list member’s net worth has risen from about $3.6 billion to $5.32 billion.

Go Deeper: Read the full list, and how Forbes calculates it, here.

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Ahead of Mother’s Day, Google searches for “same day flower delivery” have ticked up a little earlier this year

If you’ve already made plans for a Mother’s Day gift in advance of this Sunday, congratulations. But if alarm bells are suddenly ringing, consider this a gentle reminder that, like a sizable share of the US population this time of year often does, you can still scrape together some last-minute flowers for the woman who carried you for nine months.

Data from Google Trends reveals that searches for “same day flower delivery” spike in the US in May every year, when Mother’s Day takes place. As we noted last February, the same query also gains traction around Valentine’s Day.

Flower
Sherwood News

This year, however, it appears that searches for last-minute flowers have remained elevated in the last two months after the usual peak in February — with the search interest this April actually exceeding that seen around Cupid’s Day.

Honestly, we’re not sure why searches are spiking a little early. One explanation might be that Passover and Easter have overlapped at the start of April, and Americans wanted to celebrate with some flowers. Maybe it’s a host of Claude bots that are now running errands for AI-obsessed execs — or perhaps Americans are just impulse-buying some seasonal spring blooms after an unusually warm March, without a particular occasion.

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