Factoid - Friday, September 5, 2025
Data from Altrata, a wealth-intelligence firm, revealed that there were 1,135 billionaires in the U.S. with a collective net worth of $5.7 trillion in 2024, up from 927 in 2020, according to The Wall Street Journal. The 100 richest billionaires accounted for nearly $3.86 trillion in wealth at the end of the year. California is home to the largest share of American billionaires, with 255 residents having achieved the status.
Posted on Friday, September 5, 2025 @ 9:15 AM

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.