US To Vietnam, 40 Countries With Most Billionaires

Citing Forbes, the World of Statistics has published a list of countries with the highest number of billionaires. The USA tops this list, with India also featured among the top countries. The top 10 countries include the United States, China, India, Germany, Russia, Italy, Brazil, Hong Kong SAR, Canada and the United Kingdom.

As the originator and exporter of consumer capitalism, it is unsurprising that the United States hosts a substantial number of billionaires. The United States is home to 813 billionaires, the highest number globally. Neighbouring China ranks second with 406 billionaires. India holds the third position, with a total of 200 billionaires.

Germany ranks fourth in the world in terms of the number of billionaires, with a total of 132. Russia is fifth on the list, with 120 billionaires. Following Russia are Italy with 73 billionaires, Brazil with 69, Hong Kong SAR with 67, Canada with 67, and the United Kingdom with 55 billionaires.

Those 40 countries of the world, where most billionaires live

United States – 813 billionaires

China – 406 billionaires

India – 200 billionaires

Germany – 132 billionaires

Russia – 120 billionaires

Italy – 73 billionaires

Brazil – 69 billionaires

Hong Kong SAR – 67 billionaires

Canada – 67 billionaires

United Kingdom – 55 billionaires

France- 53 billionaires

Taiwan- 51 billionaires

Australia- 48 billionaires

Sweden- 43 billionaires

Switzerland- 41 billionaires

Japan- 41 billionaires

Singapore- 39 billionaires

Israel- 36 billionaires

South Korea- 36 billionaires

Indonesia- 35 billionaires

Spain- 29 billionaires

Turkey- 27 billionaires

Thailand- 26 billionaires

Mexico- 22 billionaires

Malaysia- 17 billionaires

Philippines- 16 billionaires

Netherlands- 14 billionaires

Norway- 12 billionaires

Czech Republic- 11 billionaires

Ireland- 11 billionaires

Cyprus- 10 billionaires

Greece- 10 billionaires

Belgium- 10 billionaires

Austria- 9 billionaires

Denmark- 9 billionaires

Poland- 8 billionaires

Finland- 7 billionaires

Chile- 6 billionaires

Kazakhstan- 6 billionaires

Vietnam- 6 billionaires

The size of a country’s economy is a clear indicator of its propensity to have a larger number of high-net-worth individuals. Nine of the top 12 countries with the largest wealthy populations also rank among the top 10 countries by gross domestic product (GDP).

However, Switzerland and Singapore are notable exceptions, performing exceptionally well due to their status as offshore financial centres. Their tax benefits, asset protection and privacy attract wealthy individuals at a higher rate. For smaller countries, attracting external wealth can significantly boost economic activity.