Billionaires across the globe have certainly made the most of their year.

The fortunes from the world’s wealthiest group hit a record $15.8 trillion in 2025, according to UBS’s Billionaire Ambitions Report. That sky-high figure got quite the boost from a new influx of self-made billionaires. Just over 190 people hit the $1 billion mark this year, altogether adding $386.5 billion to their net worths, marking the second-highest annual increase ever recorded by the firm. In total, the number of billionaires rose by 8.8 percent from 2,682 in 2024 to nearly 3,000 around the world, an increase that was driven by “entrepreneurial success,” the report said.

Billionaires across the U.S. and the Asia Pacific lead the pack in terms of investments this year. And while those dipping their toes into tech saw their wealth grow by 23.8 percent, those interested in the consumer side of things saw less success, with their net worths increasing by just 5.3 percent. The retail market had some struggles this year, especially with a slower luxury market overall, but it still remains the largest sector at $3.1 trillion. Industrial wealth took home the top spot for the most rapid growth, with an increase of 27.1 percent for a total of $1.7 trillion. North America also kept its spot as the top investment destination this year, with 63 percent of billionaires polled declaring it as their preferred region to pour their funds into, despite market volatility.

Women in particular saw their fortunes swell to $5.2 billion, an increase of 8.4 percent. Men, meanwhile, had their wealth grow by 3.2 percent, totaling $5.4 billion. And though there are only 374 female billionaires, compared to 2,545 male billionaires, the group has outpaced their male counterparts in wealth accumulation for four years running for the past four years.

“The billionaire community is more diverse, mobile, and forward-thinking than ever before. The combination of entrepreneurial drive and the largest intergenerational wealth transfer in history is creating new opportunities and challenges for families and wealth managers alike,” Benjamin Cavalli, UBS’s head of strategic clients and global connectivity, said in a press statement.

Speaking of families, plenty of succession plans were carried out in 2025, too. In fact, the transfer of fortunes is on the rise, as 91 heirs worldwide netted a record $297.8 billion this year, up 36 percent from 2024’s numbers. Around 860 multi-generational billionaires are now in charge of $4.7 trillion in assets, compared to just 805 people overseeing $4.1 trillion the year prior.

Plenty of billionaires have migrated throughout the year as well, with 36 percent of them saying that they moved at least once in 2025. As for why, people cited a better quality of life, major geopolitical concerns, and the ability to organize their tax affairs more efficiently. And some countries are making it easier for billionaires to take the plunge. For wealthy Americans, for instance, it just recently got a whole lot easier to move to New Zealand, for those looking to escape stateside struggles. There are plenty of other golden visas for billionaires to check out too, if they should decide make an international move in 2026.