Global Wealth Surges in Post-Pandemic Rebound
By
Katarina Vasilievna Olesenko
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Global wealth has rebounded strongly after a pandemic-induced decline. Billionaires have bounced back from a net loss of $1.4 trillion and the global luxury market hits a new high of $1.6 trillion. The surge in wealth has led to a rise in private and concierge services. The tech stock performance and generative AI have contributed to exponential wealth generation.