It’s not all doom and gloom in the world today.
Sure, billions of low-and-middle income people are struggling to keep up with rising food, energy and housing costs. But it’s boom time for billionaires and the super-rich.
The number of ultra-high net worth individuals – those with $50 million or more – hit a record 218,200 last year.1 And at 2,668, there are 573 more billionaires in the world today than in 2020, their combined wealth equal to nearly 14 per cent of total global GDP.2,3
How have they done it? With a bit of help.
Disruptions in supply chains provide great opportunities for speculation by those with mega bucks. And