How the wealth of billionaires has quadrupled

 •  Filed under inequality, PIIE

This chart from Caroline Freund's presentation (based on her new book) shows:

  • In both advanced and emerging markets, billionaires have recovered from the Great Recession.
  • Taking the global total, the their wealth can be expected to have quintupled by 2015-16.
  • The growth of extreme wealth in emerging markets is a recent phenomenon.

Source: Freund and Oliver