• Experts discover earliest records of Jesus' childhood after deciphering 2,000-year-old Egyptian manuscript

  This papyrus tells the little-known story of the “revival of the sparrows,” when the five-year-old Messiah turned clay doves into living birds. The story is known as the "second miracle....

• Tokyo City Hall developing dating app to encourage the Japanese to get married, have kids

  Tokyo City Hall is developing a unique dating app, the Tokyo Futari Story, to encourage its residents to think about marriage and children amid Japan's demographic crisis...

• Australia woman feeds grandmother's ashes in pasta sauce to brother as ‘joke'

  Australian radio show hosts were left horrified after a woman on their show said she fed her grandmother's ashes to her brother as a "joke," NYP reports...

• Computer whiz who died of leukemia to be declared first millennial saint by Pope Francis

  A London-born computer prodigy who died of leukemia as a teenager will be declared the Catholic Church's first millennial saint by Pope Francis after a string of miracles were attributed to him...

• World’s ex-richest man, Warren Buffett: Success isn't about money, it's about being loved by those you want to love

  Former richest man in the world, Warren Buffett, has concluded that success is not about money, but about “the people you want to love actually love you.” The billionaire investor shared his views on success, business advice, and life decisions in an interview with Yahoo Finance...

• New NEWS.am STYLE column: Flowers at home and beyond - How not to kill orchid and to make it bloom

  The main thing is how to avoid becoming a “plant killer.” In this connection, we, at NEWS.am STYLE, have decided to start a new section in which we will share recommendations and life hacks, from both professionals and amateurs, on how to properly care for flowers and plants...

• Dubai's 120 richest families and individuals are worth $1 trillion

  Dubai is home to more than 120 of the world's wealthiest families and individuals, with a combined wealth of more than $1 trillion, as the UAE has attracted thousands of millionaires from around the world over the past decade, especially since the pandemic...

• Bride is shocked after receiving most disgusting wedding gift

  Wedding gifts can be strange, unnecessary, funny. But they can rarely be called disgusting or nauseating. However, this is exactly the gift the American newlyweds received, who were shocked by the gift from one of the groom’s best men...

There have never been so many rich people in the world, and their investments in rising stock markets have made them richer than ever, AFP reports.

The number of “high net worth individuals” (HNWIs), defined as people with at least $1 million in liquid assets, rose 5.1% last year to 22.8 million, according to consultancy Capgemini. Their total wealth reached $86.8 trillion in 2023, up 4.7% from the previous year, as per the annual World Wealth Report.

The number of HNWIs and their combined wealth are the highest since Capgemini began this annual survey in 1997.

In 2022, a year of macroeconomic uncertainty and geopolitical tensions, the number of rich people in the world and their wealth fell by more than three percent, the report says.

The fall in their wealth was the sharpest in a decade as stocks fell. “However, 2023 brought economic growth and improvements in key investment sectors, reversing the decline,” the report added. “Despite continued interest rate uncertainty and rising bond yields, stocks rose along with the technology market, driven by enthusiasm for generative artificial intelligence and its potential impact on the economy.”

Rising wealth and inequality around the world are fueling debate about getting the rich to pay their fair share of taxes. Brazil and France are pressuring other G20 countries to set a global minimum tax on the world's richest people.

Follow NEWS.am STYLE on Facebook, Twitter and Instagram