In case you were wondering, it's a swell time to be a billionaire.
But it kind of stinks to be a mere millionaire.
Market researcher Wealth-X says the number of people with at least $30 million in ready cash climbed to 187,380 last year but their total wealth fell 1.8% to $25.8 trillion, which is nevertheless still more than the combined economies of America and China.
Taking the biggest hit were those with fortunes ranging from $200 million to $499 million. Their ranks fell by about 10% and the size of their wads dropped 11.4%.
Way-rich billionaires, on the other hand, are doing just fine, thank you very much. The number of billionaires worldwide rose 9.4% to 2,160 and their wealth grew 14% to $6.2 trillion.