Billionaires By Country 2020

ccording to the Wealth-X Billionaire Census 2019, there are 2,604 billionaires in the world today. Global billionaire wealth decreased by 7% and the number of billionaires decreased by 5.4%. The report attributes the decrease in wealth to global trade tensions, market volatility, and a slowdown in economic growth.

The eleven countries with the most billionaires are:

  1. United States – 705
  2. China – 285
  3. Germany – 146
  4. Russia – 102
  5. United Kingdom – 97
  6. Switzerland – 91
  7. Hong Kong – 87
  8. India – 82
  9. Saudi Arabia – 57
  10. France – 55
  11. United Arab Emirates – 55

The top eleven countries have 1,762 of the world’s 2,604 billionaires. The United States is home to more than a quarter of these. North America had the largest increase in billionaire population, while Asia-Pacific saw the largest decrease of 13.4%.

The United States has the highest number of billionaires of any country in the world. While the billionaire population worldwide declined, it grew almost 4% in the United States – from 680 to 705. Despite this, total billionaire wealth in the United States fell by 5% to $3.013 trillion. The United States has more billionaires than China, Germany, and Russia combined and has more billionaire wealth than China, Russia, Germany, the United Kingdom, Switzerland, Hong Kong, India, and Saudi Arabia combined. The wealthiest people in the United States are Jeff Bezos, whose worth is an estimated $114 billion, and Microsoft entrepreneur Bill Gates, whose worth is an estimated $106 billion.

There are some trends founds amongst the world’s billionaires. Billionaires are increasingly congregating in certain cities. Almost 30% of billionaires reside in 15 cities. San Francisco has more billionaires per inhabitant than any other top 15 city – with one billionaire for every 11,600 residents. New York, Dubai, and Hong Kong follow. Another trend is that philanthropy is the leading passion or hobby among billionaires.

Billionaires By Country 2020