Where do billionaires live: top 10 countries of the world

UNITED STATES (OBSERVATORY NEWS) — Despite the fact that billionaires can choose where to live, they prefer traditional countries. There are currently 1,732 billionaires in the world.

The vast majority of billionaires live in just 15 countries, according to Knight Frank.

Below we will talk about 10 countries of the world where the largest number of billionaires lives.

10. Italy

In Italy, 43 billionaires currently live. Since 2013, their number has doubled.

The richest man in the country is Giovanni Ferrero, who runs the Ferrero Group, a candy company. His fortune is estimated at 32 billion dollars.

9. South Korea

In 2013, only 24 billionaires lived in the country. Since then, their number has almost doubled to 44.

8. Canada

The average fortune of the Canadian billionaire is $ 3 billion – this is equal to the joint wealth of the three Canadian provinces. Currently, 46 billionaires live in the country.

7. UK

Despite being a small country, there are 54 billionaires in Britain. Among them are such as Sir Jim Ratcliffe and Alan Sugar.

6. Hong Kong

Over the past five years, in Hong Kong, the number of billionaires has grown by 24 people and is currently 64 billionaires. Some of them own the most expensive real estate in the world.

5. Russia

Russia is the only country in the top ten in which the number of billionaires from 2013 to 2018 did not increase, but decreased. Currently, 101 billionaires live in the country.

4. India

Over the past five years, the number of billionaires in India has grown by 116%. Currently, 119 billionaires live in the country. Mumbai is a favorite city of Indian billionaires, the largest number of which live here.

3. Germany

Germany is Europe’s largest economy, so it is not surprising that the largest number of billionaires in Europe lives here. There are currently 123 of them.

The general condition of the 11 richest Germans reaches 187 billion dollars.

2. China

In just five years, the number of billionaires in the country has grown by 206%. Now there are 373 billionaires in China.

The richest is Alibaba founder Jack Ma, whose fortune reaches $ 39 billion.

1. USA

America remains the main concentration center for billionaires in the world. Currently, 585 billionaires live here.

Among them are the world’s richest people, such as Jeff Bezos, Bill Gates and Mark Zuckerberg. Their total fortune is $ 300 billion.


This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.

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