Since 1987, Forbes has been on a quest to identify billionaires around the world. In the inaugural year, we discovered 140 individuals. It took twenty years for that figure to exceed 1,000. By 2017, the count reached 2,000. Fast forward eight years, and we hit another significant milestone: this year's list features 3,028 entrepreneurs, investors, and heirs, which is an increase of 247 from last year. Not only has their number grown, but their wealth has also surged, totaling $16.1 trillion—an increase of nearly $2 trillion compared to 2024. The United States boasts a record 902 billionaires, followed by China with 516 (including Hong Kong) and India with 205. We based our findings on stock prices and exchange rates as of March 7, 2025. For the latest updates on the net worth of all 3,028 billionaires, visit our real-time billionaires ranking.