The global population of ultra-high-net worth individuals increased 8% last year, according to Altrata, and much of that growth was in the U.S.
  • @[email protected]
    4•2 months ago

    Yeah, the article says the rich got 7% richer in 2023 for a total of $49b.

    That’s about $3-4b gained in 2023.

      • @[email protected]
        1•2 months ago

        Imperial trillion, metric billion.

        In the US of A, 1T = 1.000.000.000.000 (1B is 1.000M, and so forth)

        In the metric system, 1T= 1.000.000.000.000.000.000 (1B = 1.000.000M, and so forth)

        That’s why in other languages you sometimes hear “a thousand million”, although I agree with you in that the most common way of counting on the internet is with imperial billions.