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Tech-Driven Billionaire Boom 25% by 2031, UK Drops

4/23/2026

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Story summary
  • Knight Frank projects 3,915 billionaires by 2031, a 25% rise from 3,110 today.
  • Research head Liam Bailey says tech and artificial intelligence have accelerated billionaire wealth by enabling rapid scaling.
  • Oxfam reports ultra-rich hold $18.3 trillion while fewer than 60,000 people control three times the wealth of the bottom half.
  • United Kingdom’s billionaire count fell to 156 in 2025, sharpest drop in 37 years, after the non-dom tax regime was abolished.