Introduction
According to data from Forbes, the United States has the highest number of billionaires in the world with a total of 724 billionaires. This is followed by China with 698 billionaires and India with 27 billionaires. Germany and Russia complete the top five countries with 136 and 117 billionaires respectively. The rest of the top ten includes Hong Kong, Brazil, Canada, the United Kingdom, and Italy.
The number of billionaires in a country is often linked to the level of economic development and opportunities in the country. The United States, for example, is known for its entrepreneurial spirit and access to venture capital, which has contributed to the growth of its billionaire population. In contrast, countries with weaker economies and fewer opportunities tend to have lower numbers of billionaires. This is evident in the case of Africa, where the entire continent has less than 25 billionaires, with the highest concentration in Egypt and South Africa.
The disparities in the number of billionaires between countries are staggering. While the United States and China each have more than 600 billionaires, many countries have only a handful of billionaires or none at all. For example, countries like Somalia, Eritrea, and the Central African Republic have no billionaires.
Furthermore, the concentration of wealth among billionaires also varies greatly between countries. For example, in the United States, the top ten billionaires alone have a combined net worth of over $1 trillion, which is more than the total GDP of many countries. On the other hand, in countries like Nigeria and Egypt, the top ten billionaires have a combined net worth of less than $20 billion.
| # | Country | Number of Billionaires | Billionaires Rate |
|---|---|---|---|
| 1 | United States of America | 724 | 1.85 |
| 2 | People's Republic of China | 698 | 0.28 |
| 3 | India | 237 | 0.17 |
| 4 | Germany | 136 | 1.55 |
| 5 | Russia | 117 | 0.68 |
| 6 | Hong Kong | 71 | 8.83 |
| 7 | Brazil | 65 | 0.21 |
| 8 | Canada | 64 | 1.15 |
| 9 | United Kingdom | 56 | 0.67 |
| 10 | Italy | 51 | 0.61 |
| 11 | Japan | 49 | 0.21 |
| 12 | Taiwan | 47 | 1.53 |
| 13 | Australia | 44 | 1.2 |
| 14 | South Korea | 43 | 0.54 |
| 15 | France | 42 | 0.58 |
| 16 | Sweden | 41 | 2.99 |
| 17 | Switzerland | 40 | 4.04 |
| 18 | Thailand | 31 | 0.3 |
| 19 | Spain | 30 | 0.51 |
| 20 | Singapore | 27 | 4.57 |
| 21 | Turkey | 27 | 0.28 |
| 22 | Israel | 17 | 1.82 |
| 23 | Indonesia | 15 | 0.06 |
| 24 | Philippines | 15 | 0.14 |
| 25 | Malaysia | 12 | 0.37 |
| 26 | Mexico | 12 | 0.1 |
| 27 | Norway | 12 | 2.23 |
| 28 | Netherlands | 11 | 0.63 |
| 29 | Austria | 9 | 1.01 |
| 30 | Ireland | 9 | 1.81 |
| 31 | Czech Republic | 8 | 0.75 |
| 32 | Denmark | 8 | 1.37 |
| 33 | Chile | 7 | 0.36 |
| 34 | Egypt | 6 | 0.06 |
| 35 | Finland | 6 | 1.09 |
| 36 | Lebanon | 6 | 0.89 |
| 37 | Poland | 6 | 0.16 |
| 38 | Ukraine | 6 | 0.14 |
| 39 | Argentina | 4 | 0.09 |
| 40 | Kazakhstan | 4 | 0.21 |
| 41 | South Africa | 4 | 0.07 |
| 42 | United Arab Emirates | 4 | 0.43 |
| 43 | Vietnam | 4 | 0.04 |
| 44 | Colombia | 3 | 0.06 |
| 45 | Cyprus | 3 | 3.38 |
| 46 | Greece | 3 | 0.28 |
| 47 | Monaco | 3 | 78.74 |
| 48 | Nigeria | 3 | 0.01 |
| 49 | New Zealand | 2 | 0.39 |
| 50 | Peru | 2 | 0.06 |
| 51 | Romania | 2 | 0.1 |
| 52 | Saint Kitts and Nevis | 2 | 37.04 |
| 53 | Slovakia | 2 | 0.37 |
| 54 | Algeria | 1 | 0.02 |
| 55 | Angola | 1 | 0.03 |
| 56 | Belgium | 1 | 0.09 |
| 57 | Georgia | 1 | 0.27 |
| 58 | Guernsey | 1 | 15.83 |
| 59 | Hungary | 1 | 0.1 |
| 60 | Iceland | 1 | 2.71 |
| 61 | Kuwait | 1 | 0.22 |
| 62 | Liechtenstein | 1 | 25.71 |
| 63 | Macau | 1 | 1.46 |
| 64 | Morocco | 1 | 0.03 |
| 65 | Nepal | 1 | 0.03 |
| 66 | Oman | 1 | 0.22 |
| 67 | Portugal | 1 | 0.1 |
| 68 | Qatar | 1 | 0.37 |
| 69 | Tanzania | 1 | 0.02 |
| 70 | Venezuela | 1 | 0.04 |
| 71 | Zimbabwe | 1 | 0.06 |
| 72 | Eswatini | 1 | 0.92 |
Number of Billionaires by Country
Algeria
Number of Billionaires
1
Ranked in the World
#54
Billionaires Rate
0.02
Ranked in the World
#70
Angola
Number of Billionaires
1
Ranked in the World
#55
Billionaires Rate
0.03
Ranked in the World
#67
Argentina
Number of Billionaires
4
Ranked in the World
#39
Billionaires Rate
0.09
Ranked in the World
#57
Australia
Number of Billionaires
44
Ranked in the World
#13
Billionaires Rate
1.2
Ranked in the World
#19
Austria
Number of Billionaires
9
Ranked in the World
#29
Billionaires Rate
1.01
Ranked in the World
#22
Belgium
Number of Billionaires
1
Ranked in the World
#56
Billionaires Rate
0.09
Ranked in the World
#58
Brazil
Number of Billionaires
65
Ranked in the World
#7
Billionaires Rate
0.21
Ranked in the World
#46
Canada
Number of Billionaires
64
Ranked in the World
#8
Billionaires Rate
1.15
Ranked in the World
#20
Chile
Number of Billionaires
7
Ranked in the World
#33
Billionaires Rate
0.36
Ranked in the World
#38
Colombia
Number of Billionaires
3
Ranked in the World
#44
Billionaires Rate
0.06
Ranked in the World
#60
Cyprus
Number of Billionaires
3
Ranked in the World
#45
Billionaires Rate
3.38
Ranked in the World
#8
Czech Republic
Number of Billionaires
8
Ranked in the World
#31
Billionaires Rate
0.75
Ranked in the World
#25
Denmark
Number of Billionaires
8
Ranked in the World
#32
Billionaires Rate
1.37
Ranked in the World
#18
Egypt
Number of Billionaires
6
Ranked in the World
#34
Billionaires Rate
0.06
Ranked in the World
#61
Eswatini
Number of Billionaires
1
Ranked in the World
#57
Billionaires Rate
0.92
Ranked in the World
#23
Finland
Number of Billionaires
6
Ranked in the World
#35
Billionaires Rate
1.09
Ranked in the World
#21
France
Number of Billionaires
42
Ranked in the World
#15
Billionaires Rate
0.58
Ranked in the World
#30
Georgia
Number of Billionaires
1
Ranked in the World
#58
Billionaires Rate
0.27
Ranked in the World
#43
Germany
Number of Billionaires
136
Ranked in the World
#4
Billionaires Rate
1.55
Ranked in the World
#15
Greece
Number of Billionaires
3
Ranked in the World
#46
Billionaires Rate
0.28
Ranked in the World
#40
Guernsey
Number of Billionaires
1
Ranked in the World
#59
Billionaires Rate
15.83
Ranked in the World
#4
Hong Kong
Number of Billionaires
71
Ranked in the World
#6
Billionaires Rate
8.83
Ranked in the World
#5
Hungary
Number of Billionaires
1
Ranked in the World
#60
Billionaires Rate
0.1
Ranked in the World
#53
Iceland
Number of Billionaires
1
Ranked in the World
#61
Billionaires Rate
2.71
Ranked in the World
#10
India
Number of Billionaires
237
Ranked in the World
#3
Billionaires Rate
0.17
Ranked in the World
#49
Indonesia
Number of Billionaires
15
Ranked in the World
#23
Billionaires Rate
0.06
Ranked in the World
#62
Ireland
Number of Billionaires
9
Ranked in the World
#30
Billionaires Rate
1.81
Ranked in the World
#14
Israel
Number of Billionaires
17
Ranked in the World
#22
Billionaires Rate
1.82
Ranked in the World
#13
Italy
Number of Billionaires
51
Ranked in the World
#10
Billionaires Rate
0.61
Ranked in the World
#29
Japan
Number of Billionaires
49
Ranked in the World
#11
Billionaires Rate
0.21
Ranked in the World
#47
Kazakhstan
Number of Billionaires
4
Ranked in the World
#40
Billionaires Rate
0.21
Ranked in the World
#48
Kuwait
Number of Billionaires
1
Ranked in the World
#62
Billionaires Rate
0.22
Ranked in the World
#44
Lebanon
Number of Billionaires
6
Ranked in the World
#36
Billionaires Rate
0.89
Ranked in the World
#24
Liechtenstein
Number of Billionaires
1
Ranked in the World
#63
Billionaires Rate
25.71
Ranked in the World
#3
Macau
Number of Billionaires
1
Ranked in the World
#64
Billionaires Rate
1.46
Ranked in the World
#17
Malaysia
Number of Billionaires
12
Ranked in the World
#25
Billionaires Rate
0.37
Ranked in the World
#35
Mexico
Number of Billionaires
12
Ranked in the World
#26
Billionaires Rate
0.1
Ranked in the World
#54
Monaco
Number of Billionaires
3
Ranked in the World
#47
Billionaires Rate
78.74
Ranked in the World
#1
Morocco
Number of Billionaires
1
Ranked in the World
#65
Billionaires Rate
0.03
Ranked in the World
#68
Nepal
Number of Billionaires
1
Ranked in the World
#66
Billionaires Rate
0.03
Ranked in the World
#69
Netherlands
Number of Billionaires
11
Ranked in the World
#28
Billionaires Rate
0.63
Ranked in the World
#28
New Zealand
Number of Billionaires
2
Ranked in the World
#49
Billionaires Rate
0.39
Ranked in the World
#34
Nigeria
Number of Billionaires
3
Ranked in the World
#48
Billionaires Rate
0.01
Ranked in the World
#72
Norway
Number of Billionaires
12
Ranked in the World
#27
Billionaires Rate
2.23
Ranked in the World
#11
Oman
Number of Billionaires
1
Ranked in the World
#67
Billionaires Rate
0.22
Ranked in the World
#45
People's Republic of China
Number of Billionaires
698
Ranked in the World
#2
Billionaires Rate
0.28
Ranked in the World
#41
Peru
Number of Billionaires
2
Ranked in the World
#50
Billionaires Rate
0.06
Ranked in the World
#63
Philippines
Number of Billionaires
15
Ranked in the World
#24
Billionaires Rate
0.14
Ranked in the World
#51
Poland
Number of Billionaires
6
Ranked in the World
#37
Billionaires Rate
0.16
Ranked in the World
#50
Portugal
Number of Billionaires
1
Ranked in the World
#68
Billionaires Rate
0.1
Ranked in the World
#55
Qatar
Number of Billionaires
1
Ranked in the World
#69
Billionaires Rate
0.37
Ranked in the World
#36
Romania
Number of Billionaires
2
Ranked in the World
#51
Billionaires Rate
0.1
Ranked in the World
#56
Russia
Number of Billionaires
117
Ranked in the World
#5
Billionaires Rate
0.68
Ranked in the World
#26
Saint Kitts and Nevis
Number of Billionaires
2
Ranked in the World
#52
Billionaires Rate
37.04
Ranked in the World
#2
Singapore
Number of Billionaires
27
Ranked in the World
#20
Billionaires Rate
4.57
Ranked in the World
#6
Slovakia
Number of Billionaires
2
Ranked in the World
#53
Billionaires Rate
0.37
Ranked in the World
#37
South Africa
Number of Billionaires
4
Ranked in the World
#41
Billionaires Rate
0.07
Ranked in the World
#59
South Korea
Number of Billionaires
43
Ranked in the World
#14
Billionaires Rate
0.54
Ranked in the World
#31
Spain
Number of Billionaires
30
Ranked in the World
#19
Billionaires Rate
0.51
Ranked in the World
#32
Sweden
Number of Billionaires
41
Ranked in the World
#16
Billionaires Rate
2.99
Ranked in the World
#9
Switzerland
Number of Billionaires
40
Ranked in the World
#17
Billionaires Rate
4.04
Ranked in the World
#7
Taiwan
Number of Billionaires
47
Ranked in the World
#12
Billionaires Rate
1.53
Ranked in the World
#16
Tanzania
Number of Billionaires
1
Ranked in the World
#70
Billionaires Rate
0.02
Ranked in the World
#71
Thailand
Number of Billionaires
31
Ranked in the World
#18
Billionaires Rate
0.3
Ranked in the World
#39
Turkey
Number of Billionaires
27
Ranked in the World
#21
Billionaires Rate
0.28
Ranked in the World
#42
Ukraine
Number of Billionaires
6
Ranked in the World
#38
Billionaires Rate
0.14
Ranked in the World
#52
United Arab Emirates
Number of Billionaires
4
Ranked in the World
#42
Billionaires Rate
0.43
Ranked in the World
#33
United Kingdom
Number of Billionaires
56
Ranked in the World
#9
Billionaires Rate
0.67
Ranked in the World
#27
United States of America
Number of Billionaires
724
Ranked in the World
#1
Billionaires Rate
1.85
Ranked in the World
#12
Venezuela
Number of Billionaires
1
Ranked in the World
#71
Billionaires Rate
0.04
Ranked in the World
#65
Vietnam
Number of Billionaires
4
Ranked in the World
#43
Billionaires Rate
0.04
Ranked in the World
#66
Zimbabwe
Number of Billionaires
1
Ranked in the World
#72
Billionaires Rate
0.06
Ranked in the World
#64