Billionaire wealth has climbed to unprecedented global heights amid intense investment activity in artificial intelligence.
The combined total now stands at $15.1 trillion, reports CNBC, with numbers expanding to 3,795 people worldwide.
North America leads all regions with 1,337 billionaires and the fastest growth pace.
Just 29 individuals each worth more than $50 billion now hold $4.1 trillion or 27 percent of all billionaire assets combined.
This elite concentration has risen sharply from much lower levels in prior years.
Companies pouring resources into AI have delivered 23 percent better market capitalization growth than peers.
All major asset classes posted positive returns last year for the first time since the pandemic period.
Tech-oriented fortunes tied to artificial intelligence are expected to fluctuate with ongoing developments in the sector.
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