Inti Pacheco

The average cost for a pound of coffee is the highest it's ever been.

Some big companies have said that when the first round of tariffs came around last year, they quickly increased prices to cover costs and tariffs have been eliminated and the commodity price has gone down, but retail prices are still high.

The farmers in Brazil or in Colombia are selling their coffee to importers from the U.S.

and they sell at a specific price.

But all these other factors like the weather or the tariffs increase.

playing to what the price of that bag of green coffee is.

And so hedge funds are placing big bets on what the cost of the green coffee will be.

And that immediately drives up the cost of the coffee itself.

The thing is that if you have a billion or two billion, next year you might not have a billion at all.

From Altrada's analysis, it appears that the technology sector is the one that keeps growing in multiples and that's been boosted by the recent AI boom, which means more people are becoming billionaires and other billionaires, their wealth just keeps increasing because they're in that sector.

And a lot of those companies are based in the US, which kind of explains what's going on.

Europe became the second largest region in terms of the billionaire count just this year.

It used to be Asia, but apparently some people have fallen off the list.

The thing is that if you have a billion or two billion next year, you might not have a billion at all.

I'll try to assess that the way to be sure that you stay a billionaire is you need at least 4.5 billion because market volatility, companies get sold.

Things change very quickly.

So from one year to another, you might not be a billionaire anymore.