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Altrata Report Finds AI Investment Boom Drove Record Billionaire Wealth Gains in 2025

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Total billionaire wealth rose 12.8% to a record $15.1 trillion in 2025. Altrata’s Billionaire Census 2026 finds that among the 150 listed companies contributing most to billionaire wealth, those with meaningful AI investment outperformed peers by 23% in market capitalization growth over 2024-25.

NEW YORK, Aug. 27, 2026 /PRNewswire/ — Today Altrata, a leader in intelligence on the wealthy and well-connected, releases the Billionaire Census 2026, the 13th edition of its flagship annual analysis examining trends among the global billionaire population.

The report finds that amid complex geopolitics, volatile capital markets, and rapid technological disruption – most notably in artificial intelligence – the world’s billionaire population surged to an all-time high in 2025. Another year of dynamic wealth gains lifted the collective net worth of the world’s wealthiest individuals to $15.1 trillion, with the AI investment boom emerging as a major driving force behind that growth.

Key findings from the Billionaire Census 2026

The global billionaire population reached an all-time high in 2025. The population grew 8.2% year over year to 3,795 individuals, the strongest annual expansion in five years, capping a decade in which the billionaire class has grown by almost 60%. Total billionaire wealth grew by 12.8% to a record $15.1 trillion, equal to nearly a quarter of the total market capitalization of the S&P 500 in 2025.AI investment reshaped the fortunes of the world’s tech-focused billionaires. Of the 150 listed companies globally that contribute the most to billionaire wealth, those that made meaningful AI investments saw their market valuations climb 23% faster compared with those that did not over the combined 2024-25 period, fueling a new wave of billionaire wealth growth.Wealth is concentrating sharply at the very top of the billionaire class. The world’s 29 ‘superbillionaires’ (those with fortunes above $50 billion) now account for 27.2% of all billionaire wealth, nearly four times their 7.2% share in 2017.Sports team ownership is an increasingly popular billionaire portfolio asset. Sport remains the single most popular interest among the world’s billionaires, and more than 200 of them, just over 5%, now hold a direct stake in a sports team or franchise, reflecting a growing overlap between personal passion and strategic investment.A historic wealth transfer is underway. Over the next decade, $6.6 trillion in billionaire wealth will be passed on, with almost 5,000 direct heirs (spouses and adult children) expected to receive a sizable share. Women will account for a significant share of these beneficiaries, including 90% of spouses.

AI and the making of a new billionaire class

The AI investment boom has been one of the most important drivers of global billionaire wealth creation since 2023, and its influence became even more pronounced through 2025 and the first half of 2026. Record private investment, public listings, and soaring valuations of AI-focused businesses have created an entirely new wave of billionaires, with fortunes emerging from foundation models, cloud applications, robotics, and cybersecurity. In addition, because billionaire wealth is typically concentrated in company equity, the founders and major shareholders of the world’s leading tech-focused companies have been significant beneficiaries of this rise, translating directly into substantial gains in personal net worth.

This dynamic has pushed wealth concentration to new extremes at the very top of the billionaire class. The world’s 29 superbillionaires, each with a fortune above $50 billion, controlled more than 27% of all billionaire wealth in 2025, up from a 7.2% share in 2017, when only 10 billionaires held fortunes of that size. A new milestone was reached in mid-2026, when Elon Musk briefly became the world’s first trillionaire following the public listing of SpaceX. Sharp fluctuations in AI-exposed tech stocks, and by extension in individual billionaire wealth, are expected to remain a feature of global markets in the coming years.

A globally mobile population, with sharp contrasts by city

Billionaires are a globally mobile and multijurisdictional class. One in five was born outside the country where they now live, with wide variation by city. Some 60% of billionaires in London are foreign born, one of the highest shares of any major global city, compared with 19% in New York and 41% in San Francisco. Singapore and Hong Kong also stand out for their high share of foreign-born billionaires, while the large billionaire countries of China, Germany, and India have far lower shares of foreign-born wealthy, reflecting deep domestic and family-owned business roots.

A billionaire class shaping the next decade of wealth, luxury, and giving

Billionaire wealth is already shaping private wealth management, luxury markets, and philanthropy, and the next decade will bring even bigger shifts. Collectively, this population is driving:

A historic wealth transfer. Almost 5,000 direct heirs (spouses and adult children), among others, are set to inherit billionaire wealth over the next decade, with women accounting for a significant share, including 90% of spousal heirs. As heiresses come into this wealth, firms that build relationships with both today’s billionaires and tomorrow’s heirs will be best positioned for the next decade of private wealth management.Sustained growth in the value of passion assets. The value of billionaire holdings in fine art, sports teams, luxury cars, yachts, private jets, watches and jewelry grew by an average of 13.3% annually per billionaire over the past decade, a trend reflected in the growing world of sports investment among the ultra wealthy, where more than 200 billionaires now hold a direct stake in a sports team or franchise.A deep and enduring commitment to philanthropy. Philanthropy stands alongside sport as the top-two most popular interests among the world’s billionaires. Among this group and the ultra wealthy, women tend to be more engaged in the not-for-profit sector than their male counterparts, a pattern that will shape giving as more wealth shifts toward female heirs over the next decade.

“This year’s Billionaire Census shows a billionaire class being reshaped by AI at a pace we haven’t seen before, but the story doesn’t end there,” said Paul Sutton, Vice President of Sales at Altrata. “Wealth is concentrating faster at the very top. A new generation of heirs and heiresses is preparing to inherit vast sums of wealth, with new spending habits and philanthropic priorities that are important to them. Understanding this population has never been more critical, or more complex, for the organizations that serve and target them.”

Altrata’s Billionaire Census 2026 and the data that underpin its findings continue to be essential for wealth managers, luxury brands, private banks, family office advisors, philanthropic organizations, and educational institutions seeking to engage the world’s wealthiest individuals.

Access the complete findings now.

About Altrata

Altrata is a definitive leader in global wealth intelligence, professional relationship mapping, and affluent market dynamics, built on more than 35 years of experience operating as BoardEx, Wealth-X, RelSci, and WealthEngine. Our global dataset includes millions of profiles on wealthy, well-connected decision-makers, board members, and C-suite leaders. Unparalleled data quality and enhanced insights help clients move beyond surface-level information to the details that capture and hold customer attention. Leading financial services, commercial, philanthropic, and educational organizations rely on Altrata’s actionable, accurate, and comprehensive data—maintained by a global team of in-house researchers—to drive growth and deliver the right insight at the right time.

Altrata is a registered trademark of Delinian Limited and its affiliated companies.

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Hilco Global Seeks Offers to Acquire Autonomous Navigation Patents

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NEW YORK, Aug. 27, 2026 /PRNewswire/ — Hilco Global’s Intellectual Property Services group (www.hilcoglobal.com), a leading intellectual property advisory firm specializing in intangible asset valuation, advisory, and monetization services, announced that it is seeking offers to acquire the patent portfolio and related assets of Canyon Navigation, which developed self-describing fiducial (SDF) technology for use in navigation of autonomous machines such as drones, industrial robots, and self-driving cars in GPS-degraded environments.

Non-binding indications of interest are due September 17, 2026. Interested parties should contact Hilco Global directly at ehurwitz@hilcoglobal.com or ssilverstein@hilcoglobal.com to learn more.

Canyon Navigation’s SDF-based landmarks optically transmit their own position, enabling precise localization without satellite signals – making them immune to jamming and multipath errors – to augment or completely replace GPS. GPS can become limited, denied, or degraded in many common, real-world situations such as urban canyons in metropolitan areas, inside tunnels or buildings, and intentional jamming of signals.

The SDF solution is low-cost, including just the measurement device (the camera) and the measurement targets (the SDFs). Along with the ease of producing the latter, SDFs are scalable across systems from a single warehouse to a city-wide positioning service.

Hilco IP Services Senior Director Eric Hurwitz notes of this portfolio, “Position information is key to the operations in a wide range of industries: automotive, aircraft, maritime, construction, and agriculture, and many more.” Hurwitz continued, “It is even more critical in emerging autonomous-forward markets including warehouse automation, self-driving cars, construction inspection, eVTOL aircraft, drone delivery and other drone applications. SDFs are a low-cost, scalable solution to GPS degradation in those and other large, rapidly expanding markets where fiducial-based positioning is already being adopted.”

For more information, click here or please contact the Hilco Global IP Services team and ehurwitz@hilcoglobal.com or ssilverstein@hilcoglobal.com.

About Hilco Global: Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial industrial, real estate, manufacturing, brand and intellectual property sectors, and more. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com.

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SOURCE Hilco Trading, LLC

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Redwood Software Orchestrates the Enterprise, From Hybrid Cloud to Agentic AI — Named a Leader for the Third Consecutive Year in the 2026 Gartner® Magic Quadrant™ for Service Orchestration and Automation Platforms

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Redwood Software has been named a Leader three years in a row in the 2026 Gartner® Magic Quadrant™ for Service Orchestration and Automation Platforms (SOAP), positioned furthest in Completeness of Vision.Redwood has been ranked #1 in four out of five Use Cases and tied for #1 in one Use Case in the 2026 Gartner Critical Capabilities for SOAP report.Redwood’s Model Context Protocol (MCP) server has reached general availability, offering 50+ production-ready tools across nine global AWS regions.New native AWS connectivity — spanning S3, EventBridge and AWS Glue — extends RunMyJobs across the hybrid estate without re-architecting existing systems.Three additional AI capabilities — Operations Agent, Workflow Builder and Agent Studio — extend RunMyJobs toward autonomous, agentic enterprise operations, validated with Microsoft Copilot, SAP’s Joule and Claude Code.

VIENNA, Va., Aug. 27, 2026 /PRNewswire/ — Redwood Software, the leading orchestration platform for the autonomous enterprise, today announced its recognition as a Leader in the 2026 Gartner® Magic Quadrant™ for Service Orchestration and Automation Platforms (SOAP) and its #1 ranking in four of five Use Cases and tie for #1 in the fifth Use Case in the Critical Capabilities report. Alongside this, Redwood released RunMyJobs 2026.3, bringing native AWS connectivity and its Model Context Protocol (MCP) server to general availability while introducing new AI capabilities to accelerate autonomous operations.

Orchestrating the enterprise, from hybrid cloud to agentic AI

Enterprises with AI mandates face the challenge of turning AI from experimentation into operations. RunMyJobs 2026.3 helps close the gap between AI reasoning and enterprise action by unifying execution across hybrid systems and removing the infrastructure constraints that slow innovation on legacy workload automation tools. The latest release delivers:

MCP server & native AWS connectivity: Redwood’s MCP server, validated with Microsoft Copilot, SAP’s Joule and Claude Code, provides AI models governed access to 50+ tools across nine global AWS regions with full auditability, instantly agentifying decades of business logic. Native AWS integration (S3, EventBridge, Glue) allows real-time orchestration across the hybrid estate without re-architecting systems.

Bi-directional agentic AI governance & Agent Studio*: Support for MCP and Agent2Agent (A2A) protocols enables AI agents to trigger workflows and lets teams build agents that enhance orchestrations under the same governance model as the entire business process chain. Agent Studio embeds LLM-powered reasoning as native job types within existing workflows.

Workflow Builder & Operations Agent*: Workflow Builder generates auditable workflows from plain English descriptions or documentation. Operations Agent detects failures and SLA risks in real time, delivering enriched context to operators for faster autonomous responses.

“AI agents can reason about a problem, but they can’t fix it unless they’re connected to the systems that run the business,” said Charles Crouchman, Chief Product Officer at Redwood Software. “We believe our recognition as a Leader and the availability of our MCP server and AWS connectivity validate that the market is shifting toward governed, agentic orchestration that operates within the enterprise’s existing trust model.”

Gartner recognition

The Gartner Magic Quadrant™ for SOAP evaluates vendors on Ability to Execute and Completeness of Vision. Redwood Software was positioned furthest in Completeness of Vision for the third year in a row. Redwood attributes this placement to its 2026 intelligent automation expansions, including native support for MCP and A2A protocols, the new Redwood RangerAI assistant portfolio and Redwood Insights Premium.

The Critical Capabilities report “provides deeper insight into providers’ product and service offerings by extending the Magic Quadrant™ analysis.”** Redwood attributes this positioning to its commitment to customer success and driving efficient business transformation.

View a complimentary copy of the Magic Quadrant™ report to learn more about why Redwood Software was positioned as a Leader: https://www.redwood.com/resource/gartner-soaps-mq/ 

View a complimentary copy of the Critical Capabilities report to learn more about why Redwood Software ranked first in four SOAP Use Cases and tied for first in one Use Case: https://www.redwood.com/resource/gartner-critical-capabilities-soaps/ 

*Workflow Builder, Operations Agent and Agent Studio are currently in tech preview.

**Source: Gartner Critical Capabilities Research Methodology

Report citations: Gartner, Inc., Magic Quadrant for Service Orchestration and Automation Platforms, Hassan Ennaciri, Daniel Betts, Chris Saunderson, 5 August 2026. Gartner, Inc. Critical Capabilities for Service Orchestration and Automation Platforms. Chris Saunderson, Hassan Ennaciri, Daniel Betts, etl. 24 Aug 2026.

Gartner disclaimer: GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally. MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Redwood Software

Redwood Software is the leading orchestration platform for the autonomous enterprise, driving business transformation at the lowest total cost of ownership. Redwood empowers organizations to intelligently automate and orchestrate mission-critical business and IT processes across complex ERP, hybrid cloud, data and emerging agentic AI systems. Through its SaaS-first automation fabric — with AI embedded across the automation lifecycle — Redwood accelerates the path to autonomous operations. Backed by 30 years of experience and trusted by more than 50% of the Fortune 50, Redwood helps organizations unlock human potential to focus on innovation, growth and what’s next.

Media Contact: 

redwood@nextpr.com

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Harness Launches Code Repository With AI Code Review for Agent-Ready Development

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Built for the volume of AI-generated code, with permissions for AI agents, reviews that keep pace, an enterprise free plan, and one-click migration from existing Git providers

SAN FRANCISCO, Aug. 27, 2026 /PRNewswire/ — Harness, the platform for the autonomous SDLC, today launched Agent-Ready Harness Code Repository and AI Code Review, built for teams increasing their adoption of AI coding agents. The capabilities are designed to work as one experience: code lands in a repository built for the volume now generated by agents, and is reviewed by a system that understands what a change puts at risk.

Coding stopped being the hard part

Generating code is no longer the constraint. With agents in the loop, teams produce far more code, far faster, than they could alone, and the work has shifted to what happens next: storing, reviewing, approving, and shipping all of it without anything breaking.

The tools underneath were not built for that. Legacy source code management tools in wide use today, GitHub included, assume a human writes code and opens a pull request before a few colleagues look at it over the next few hours or days. When agents are doing the writing, the cracks show up in ordinary places: search and file history get slower as indexing falls behind, pull requests pile up faster than anyone can read them, and a permission system designed around a list of developers has no good answer for an agent that might merge code on its own. Harness has now rebuilt that layer.

“Software delivery is going through its biggest shift since the move to the cloud, and the systems we all built our workflows around were designed for a different scale and a different kind of user,” said Jyoti Bansal, CEO and co-founder of Harness. “You do not solve that by adding AI features to a repository designed fifteen years ago. The entire SDLC has to become autonomous, which means the repository, the review, the pipeline, and the governance must all work as one system.”

Inside Agent-Ready Harness Code Repository

Harness Code Repository is what source control looks like when agents are part of the team.

Keeps up as commit and pull request volume increases: Harness Code Repository is scale-tested to handle thousands of pull requests and commits opened at once, which is roughly what a team running agents looks like on an ordinary day. Search, history, and diffs keep working at that volume, across repositories of varying sizes and with branches in the tens of thousands.Agents get their own permissions: Agents inherit permissions from humans that trigger them. Developers can further define what an agent may touch, merge, or deploy, just as they would scope a new engineer, down to a specific repository, branch, or environment. RBAC and Open Policy Agent (OPA) policies put that boundary in writing rather than leaving it to convention, so it holds before the merge instead of turning up in an audit afterward.Tailored to be used by humans and agents via MCP and CLI: Harness Code Repository and AI Code Review are both reachable from the command line through the Harness MCP and CLI, which covers the full pull request lifecycle, allowing users to find a review by the author’s email instead of an internal ID, see every open pull request across every repository in one place, and create, reply to, or resolve comment threads without opening a browser. AI agents can leverage Harness CLI commands to execute Harness Code and Review operations more deterministically and in headless mode.Free to start, simple to migrate: Any team can start using Harness Code Repository for free, with 50 GB storage. Migration takes a few clicks, regardless of whether organizations are migrating one repository or an entire GitHub organization, GitLab group, Bitbucket workspace, or Azure DevOps project, and the Harness CLI brings pull requests, labels, webhooks, and branch rules along with it.

AI Code Review

A repository that can withstand a flood of code does not help if a human still has to review all of it. AI Code Review reads a pull request the way a tech lead would.

Checks that gate the merge. Teams decide which AI Checks are mandatory, setting them once for an account or tuning them by project, and a change that fails a required check cannot be merged.Diff grouping by risk. The diff is grouped by risk rather than by file, so the few high-risk changes that alter how the software behaves are not buried under mass renames and dependency bumps.One-click remediation. Feedback describes what a change puts at stake rather than noting that a line moved, and suggested reviewers and labels arrive before anyone opens the pull request. If the feedback is valid, changes can be merged with a single click.

Agents can write code, but someone still has to decide what ships. AI Code Review is built so that the decision is an informed one instead of a rushed one.

One platform, from commit to production

Committing, reviewing, building, testing, securing, and deploying code already follow a single sequence inside Harness, which is why the repository and the review layer could ship together. Both are now part of the outer loop that the Harness Software Delivery Agent runs end-to-end, from commit to production, under one policy engine.

That sequence is also what makes the review useful. Harness already knows how a team releases software, which policies they enforce, and what has failed in their production before. All of that is mapped in the Harness SDLC Knowledge Graph, providing enterprise context for every review to reference.

By dogfooding these capabilities over the past several months, Harness engineering teams have saved more than 10,000 hours of manual review time per month.

Availability

Agent-Ready Harness Code Repository and AI Code Review are available today – book a demo to learn more.

About Harness

Harness is the AI Software Delivery Platform™ company, enabling engineering teams to build, test, and deliver software faster and more securely. Powered by Harness AI and the Software Delivery Knowledge Graph, the platform brings intelligent automation to every stage of the software delivery lifecycle after code — removing toil and freeing developers from manual, repetitive work. Companies like United Airlines, Morningstar, and Choice Hotels use Harness to accelerate releases by up to 75%, cut cloud costs by 60%, and achieve 10x efficiency across DevOps. Based in San Francisco, Harness is backed by Goldman Sachs, Menlo Ventures, IVP, Unusual Ventures, and Citi Ventures.

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