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. Last Updated: 07/27/2016

Latest Tycoon Tally

NEW YORK -- United States citizens again dominate Forbes Magazine's latest tally of the world's billionaires, but Latin America is producing tycoons at a faster rate than anywhere else in the world. The United States remains the world powerhouse of wealth, with 120 of the planet's 358 billionaire fortunes totaling more than $251 billion, according to Forbes' latest issue. The remaining 238 foreign billionaires have a combined net worth of $514 billion. Latin America is home to 42 billionaires, 24 in Mexico.