- Fifteen countries account for 75% of the world’s billionaire
population and 79% of the world’s
billionaire wealth, according to Wealth-X’s
2019 Billionaire Census report.
- The US dominates, with 705
billionaires who have a collective wealth of more than $3
- All the top Asia-Pacific countries saw a decrease in
billionaire population while major European countries saw
variations in billionaire growth.
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Fifteen countries dominate in billionaire
population and wealth, according to Wealth-X’s
2019 Billionaire Census report. The report analyzed data from
Wealth-X’s global database of more than one million records of the
world’s richest people.
Three-fourths of the world’s billionaire population lives in the
15 countries listed below. Collectively, the 1,942 billionaires in
these countries are worth $6.8 trillion — that accounts for 79%
of total global billionaire wealth in 2018.
When it comes to billionaire population, the United States
dominates with 27% of the world’s billionaires. Its total
billionaire count rose from 2017 to 2018 by 4% to 705 billionaires.
Meanwhile, total billionaire wealth worldwide decreased by 5% to
slightly more than $3 trillion.
All the top Asia-Pacific countries — China, Hong Kong, India,
and Singapore — saw a decrease in billionaires and billionaire
wealth due to a decline in equity markets, according to the report.
Meanwhile, major European countries saw both decreases and
increases in billionaires, depending on economic factors.
Note that Hong Kong and Singapore also made
Wealth-X’s list of the top 15 cities with the most
billionaires — Hong Kong is a semi-autonomous, special
administrative region of China, and Singapore is an island
city-state off southern Malaysia.
Take a look at which countries worldwide have the most
billionaires, ranked in ascending order.
15. Singapore saw a drop in billionaires because of negative equity
Number of billionaires: 39
Total billionaire wealth: $84 billion
Singapore is one of the richest cities in the world: The total
private wealth of its residents amounts to $1 trillion,
reported Business Insider’s Katie Warren. It’s also one of the
most expensive cities to live in worldwide.
14. Canada’s wealthy are getting richer faster than the rest of the
Number of billionaires: 45
Total billionaire wealth: $87 billion
Ricardo Tranjan, senior researcher at the Canadian Centre for
Policy Alternatives (CCPA), told
CBC that “the rich are really sprinting ahead” of average
to a CCPA report, the richest families are worth $3 billion on
average and own as much wealth as three Canadian provinces
13. Italy saw a decrease in billionaire population due to political
Number of billionaires: 47
Total billionaire wealth: $141 billion
In addition to
housing nearly 50 billionaires, Italy is home to many
destinations frequented by the super rich, including the Amalfi
coast, Portofino, Positano, Capri, Cinque Terre, Milan, and
See the rest of the story at Business Insider
Source: FS – All-Travel destinations-News
The top 15 countries with the most billionaires, ranked