It’s all about the money, honey!
We’re talking about which 7 countries have the most billionaire residents. Here’s a spoiler alert – the country that comes out on top – you might not be surprised at all! But if you want to find out a lot more about most billionaires by country, keep reading!
Billionaire Fact If you had saved $10,000 every day since the first pyramids were built in Ancient Egypt, you would only own just 20% of the average fortune held by one of the top five billionaires today!
This story isn’t about the size of billionaires’ wallets; it’s about which countries have the most number of billionaires living within their borders! In total, there are approximately 3,300 billionaires scattered around the globe with a collective wealth of $12.4 trillion!
# 7 With Most Billionaires – Switzerland
The 7th country with the most billionaires on our list is Switzerland, home to 114 billionaires and some of the most breathtaking scenery in the world.
These wealthy individuals have a combined net worth of $370 billion! The richest Swiss billionaire is Mr. Guillaume Pousaz, founder of Checkout.com, with an impressive net worth of $24 billion.
But despite having an impressive number of billionaires in its population, Switzerland is not even close to the top 3 countries with the most billionaires.
# 6 – With The Most Billionaires – Hong Kong
Number 6 on our list is Hong Kong – the city of dreams!
With a total of 115 billionaires living within its borders, it’s no wonder why this autonomous region (which is technically a city) has such an impressive collective wealth of $300 billion! Some of the most famous billionaire residents include Jack Ma, Li Ka-Shing, and Grace Lin.
# 5 With The Most Billionaires – The UK
The United Kingdom comes in at number 5 on our list!
With 127 billionaires living within its borders, the land of Shakespeare, David Beckham and the Royal family boast an impressive collective wealth of $270 billion! Some of the most famous billionaires residing in the UK are James Dyson, Jim Ratcliffe, and Sir Richard Branson.
The combined wealth of the world’s billionaires is greater than that of 60% of the world’s population!
# 4 With The Most Billionaires – India
India is home to 131 billionaires and boasts a collective wealth of $390 billion, making it number four on our list.
India is known for its spices, Bollywood, and the Taj Mahal! Some of the most famous billionaire residents include Gautam Adani, Mukesh Ambani, and Radhakishan Damani. India’s wealthiest person – and currently the third richest person in the world – is Gautam Adani, with an unbelievable net worth of $137 billion!
India is impressive, but you haven’t seen anything yet! The next country on our list will blow your mind!
# 3 With The Most Billionaires – Germany
German billionaires collectively amount to $605 billion, with 176 of them currently residing in the country!
This makes Germany not only home to some of the wealthiest people in Europe but also holds the record for having the most billionaires living in any one European nation. With all these billions floating around, it’s no wonder that Germany maintains a strong economy! Some notable German billionaires include Beate Heister, Dieter Schwarz, and Susanne Klatten.
German billionaires are pretty wealthy, but they don’t even come close to the billionaires living in number 2!
# 2 With The Most Billionaires – China
In the second place, we have the most populous nation in the world – China!
The country is home to 400 billionaires with a collective wealth of $1.5 trillion! In recent decades, China has become one of the most powerful countries worldwide, and its billionaires are some of Earth’s wealthiest people! A few famous billionaires living in China include Zhong Shanshan, Zhang Yiming, and Ma Huateng!
From 1990 to 2020, US billionaire wealth surged by 1,130% in today’s dollars – 210 times more quickly than the 5.37% growth of US median wealth during that same time period.
# 1 With Most Billionaires – The USA
Occupying the top spot on the list of the most billionaires by country, we have the land of opportunities – The USA!
The United States of America is home to 980 billionaires with a net worth of $4.5 trillion collectively. US billionaires make up for 25% of world billionaire wealth globally. Some popularly known American billionaires are Elon Musk, Jeff Bezos, Bill Gates, and Warren Buffet!
The USA is home to more billionaires than any other country in the world right now. But do you think China will soon overtake the US? We’ll just have to wait and see! Till then, we can all admire the wealth of these countries and their wealthiest citizens. Most billionaires by country, indeed!
What do you think? Let me know in the comments below, and don’t forget to explore some of my recent blogs too.
How many billionaires are there in the world?
There are currently 2,755 billionaires in the world. Most of them are concentrated in the US and China, which have 980 and 400 billionaires, respectively. The combined wealth of these two countries exceeds $5 trillion.
Where are most billionaires located?
Most billionaires are concentrated in the US and China, which have 980 and 400 billionaires, respectively. Germany, India, and the UK also have significant numbers of billionaires. The combined wealth of these five countries exceeds $7 trillion.
What is the most common source of wealth for most billionaires?
The most common sources of wealth for most billionaires are technology and investments. Other sources include real estate and inheritance. Most billionaires have built their fortunes through a combination of sources.
Where do most billionaires live in the USA?
Most billionaires in the USA reside in California, New York, and Florida. These three states are home to most of the nation’s wealthiest individuals. Other states with significant billionaire populations are Texas, Illinois, and Massachusetts.