Emma Agyemang

Elon Musk (above), judged the world’s richest person in April 2025, has an estimated net worth of US$342 billion. Globally, the average wealth of the top 0.0001% of the population grew on average 7.1% a year between 1987 and 2024, compared to 3.2% for the average adult, according to Gabriel Zucman of the Paris School of Economics and UC Berkeley.
THE BROAD VIEW

The problem with taxing the rich

Fiscal systems designed around income and consumption struggle to capture wealth, and billionaires are highly mobile