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What country has most billionaires?

US Billionaires by Country Rank Country Number of Billionaires #1 US 975 #2 China 400 #3 Germany 176 #4 India 124 11 more rows •

visualcapitalist.com - Mapped: The World's Billionaire Population, by Country

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Visualized: The World’s Billionaire Population

The world’s billionaires—only 3,311 individuals—represent almost $11.8 trillion in wealth. The global billionaire population continued to grow in 2021, increasing by 3%. Over the same period, billionaire wealth also increased by 18%. This map uses data from the Wealth-X Billionaire Census to visualize where the world’s billionaires live and breaks down their collective wealth. Note on methodology: The report uses proprietary data from Wealth-X. Billionaire status is determined by assessing an individual’s total net worth, including publicly and privately held businesses and investable assets. To determine a billionaire’s location, Wealth-X used their primary business address.

Billionaires by Region

We’ll begin by zooming out to look at how various continents and world regions rank in terms of their billionaire population. North America is home to most billionaires, worth $4.6 trillion. The U.S., unsurprisingly, accounts for the majority of this wealth, with 975 billionaires and a collective net worth of $4.45 trillion. Rank Region Number of billionaires Collective Billionaire Wealth #1 North America 1,035 $4.6 trillion #2 Europe 954 $3.1 trillion #3 Asia 899 $2.9 trillion #4 Middle East 191 $519 billion #5 Latin America and the Caribbean 146 $465 billion #6 Africa 46 $104 billion #7 Pacific 40 $89 billion In regional terms, Europe’s billionaire wealth is growing the fastest, up 22% year-over-year in 2021. In contrast, the year-over-year change in the Middle East was -12.5%. Asia is inching towards Europe, holding almost a quarter of all billionaire wealth worldwide, compared to Europe’s 26.5%. Wealth in Africa will also be important to watch in coming years. Although only home to 46 billionaires currently, the change in billionaire wealth increased by almost 17% year-over-year. Additionally, while they no longer live there, a number of the world’s billionaires hail from African countries originally.

Billionaires by Country

Now, let’s look at the ranking broken down by the top 15 countries: Rank Country Number of Billionaires Collective Billionaire Wealth #1 🇺🇸 US 975 $4.45 trillion #2 🇨🇳 China 400 $1.45 trillion #3 🇩🇪 Germany 176 $602 billion #4 🇮🇳 India 124 $384 billion #5 🇬🇧 UK 120 $266 billion #6 🇭🇰 Hong Kong SAR 114 $287 billion #7 🇨🇭 Switzerland 111 $365 billion #8 🇷🇺 Russia 107 $475 billion #9 🇸🇦 Saudi Arabia 71 $192 billion #10 🇫🇷 France 68 $294 billion #11 🇮🇹 Italy 68 $207 billion #12 🇨🇦 Canada 60 $131 billion #13 🇧🇷 Brazil 52 $159 billion #14 🇸🇬 Singapore 50 $99 billion #15 🇦🇪 UAE 45 $181 billion China is an obvious second in billionaire wealth to the United States, with famous billionaires like Zhang Yiming ($44.5 billion) of TikTok and Zhong Shanshan ($67.1 billion), whose wealth primarily comes from the pharmaceutical and beverages industries.

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That said, Chinese billionaire wealth actually decreased 2% last year. It was India that came out on top in terms of growth, seeing a 19% increase in 2021.

Billionaires by City

Looking at cities, New York is home to the most billionaires—with 13 added billionaire residents last year—followed by Hong Kong. Rank City Country Number of Billionaires #1 New York City 🇺🇸 U.S. 138 #2 Hong Kong 🇭🇰 China 114 #3 San Francisco 🇺🇸 U.S. 85 #4 London 🇬🇧 UK 77 #5 Moscow 🇷🇺 Russia 75 #6 Beijing 🇨🇳 China 63 #7 Los Angeles 🇺🇸 U.S. 59 #8 Singapore 🇸🇬 Singapore 50 #9 Shenzhen 🇨🇳 China 44 #10 Mumbai 🇮🇳 India 40 #11 Dubai 🇦🇪 UAE 38 #12 Hangzhou 🇨🇳 China 35 #13 São Paulo 🇧🇷 Brazil 34 #14 Istanbul 🇹🇷 Turkey 33 #15 Paris 🇫🇷 France 33

Billionaire Wealth in 2022

Billionaires have significant power and influence, not in the least because their collective wealth is equivalent to about 11.8% of global GDP. In recent billionaire news, Gautam Adani’s wealth has been soaring, most recently hitting the $145 billion mark, making him the third-richest person in the world according to Bloomberg’s Billionaire Index. However, not all billionaires are holding on to their wealth. Patagonia founder, Yvon Chouinard, recently transferred ownership of his company to an organization that fights climate change. Over the last decade, billionaires have been grown their fortunes considerably, with wealth increasing at a faster rate than the growth in the number of billionaires themselves. According to Wealth-X, collective billionaire net worth grew by an astonishing 90% in the last 10 years. But in the shorter term, the situation is often more volatile. With markets reeling in 2022, Bloomberg reported that billionaires lost a record $1.4 trillion over the first half of the year. Once the year is over and the final numbers are in, it will be interesting to see how the billionaire landscape shapes up in comparison to the more long-term trend.

visualcapitalist.com - Mapped: The World's Billionaire Population, by Country

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