{"id":5462,"date":"2014-10-07T12:22:32","date_gmt":"2014-10-07T16:22:32","guid":{"rendered":"https:\/\/www.bygeorgejournal.ca\/?p=5462"},"modified":"2014-10-07T12:22:56","modified_gmt":"2014-10-07T16:22:56","slug":"facts-on-billionaires","status":"publish","type":"post","link":"https:\/\/www.bygeorgejournal.ca\/?p=5462","title":{"rendered":"Facts on Billionaires"},"content":{"rendered":"<p>Did you know that there are 12 million millionaires in the world, but only 2,325 billionaires. Here are some interesting facts about this most exclusive club:<\/p>\n<ul>\n<li>For every three million people on earth there\u2019s a single billionaire.<\/li>\n<li>If there is an average billionaire, he or she is worth around $3 billion.<\/li>\n<li>60% of billionaires made their wealth themselves. Meanwhile, 26.9% became billionaires from re-investing inherited wealth. 13% of them inherited their billionaire status straight out.<\/li>\n<li>Your average billionaire is 63 years old, and 93% of the world\u2019s billionaire population is over 45.<\/li>\n<li>Billionaires are into matrimony as 65% of them are married.<\/li>\n<li>While billionaires went to over 700 different universities, the Ivy League schools have the most grads: 25 went to the University of Pennsylvania, 22 went to Harvard, and 20 went to Yale.<\/li>\n<li>A surprising number of billionaires don\u2019t have a college degree. 35% never finished undergrad.<\/li>\n<li>Billionaires tend to work in finance. Almost 20% of billionaires made their careers on Wall Street or its equivalents.<\/li>\n<li>Europe has more billionaires (775) than any other global region.<\/li>\n<li>The US has more billionaires (571) than any other country (and 57 newly minted members since last year).<\/li>\n<li>Billionaires have a combined wealth of $7.3 trillion, a 12% increase from last year. That\u2019s higher than the market capitalization of all the Dow Jones companies put together.<\/li>\n<li>If all the world\u2019s billionaires decided to join forces and become a country, their combined wealth would be greater than the GDP than Japan.<\/li>\n<li>The 2,325 billionaires control 4% of the wealth in the world. (Point of fact: the event more inclusive 1% of the world\u2019s population controls 40% of the wealth.)<\/li>\n<li>Billionaires invest a lot in real estate, at about $160 million per person. They tend to have four properties.<\/li>\n<li>Billionaires tend to have \u201cnon-real estate luxury assets.\u201d For example, one in 30 billionaires owns a sports team or a racehorse. Other significant luxury assets include yachts, planes, cars, and art.<\/li>\n<\/ul>\n<p>These facts are found in research firm Wealth-X\u2019s new <em>Billionaire Census<\/em>, as reported in the <em>Financial Post<\/em>. Read the full <a href=\"http:\/\/business.financialpost.com\/2014\/10\/03\/billionaires-personality-traits\/\" target=\"_blank\">FP article is here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Did you know that there are 12 million millionaires in the world, but only 2,325 billionaires. Here are some interesting facts about this most exclusive club: For every three million people on earth there\u2019s a single billionaire. If there is an average billionaire, he or she is worth around $3 billion. 60% of billionaires made&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[21,36],"_links":{"self":[{"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=\/wp\/v2\/posts\/5462"}],"collection":[{"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5462"}],"version-history":[{"count":1,"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=\/wp\/v2\/posts\/5462\/revisions"}],"predecessor-version":[{"id":5463,"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=\/wp\/v2\/posts\/5462\/revisions\/5463"}],"wp:attachment":[{"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bygeorgejournal.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}