The World’s billionaires cuts across the globe. Unsurprisingly, the United States of America and China have the largest share of the world’s wealthiest people. Citizens of 75 countries or territories claim a spot on the world’s billionaires list.
According to Forbes, there are 2,668 billionaires this year, down from 2,755 last year. This can be attributed to the Covid-19 pandemic that disrupted the supply chain and manufacturing of most countries. However, some countries acquired more wealth than others during this period.
According to Forbes, there are 735 billionaires in the United States with a combined net worth of $4.7 billion. With Elon Musk leading the park. Just behind the US is China with 539 billionaires.
10. Taiwan
Sitting at number 10 on the list of countries with the most billionaires in the world is Taiwan with 51 billionaires with a combined net worth of $151 billion, led by Zhang Congyuan. Congyuan is the founder of Huali Industrial, a shoe manufacturing company. Congyuan has a net worth of $11.7 billion.
9. Italy
Italy has 52 billionaires with a combined net worth of $195 billion, led by Giovanni Ferrero. Ferrero is the chairman of the confectionery company Ferrero SpA. Ferrero has a net worth of $36.2 billion.
8. Brazil
Brazil has 62 billionaires with a combined net worth of $187 billion led by Jorge Paulo Lemann. Lemann is an investment banker who later became a controlling shareholder of Anheuser-Busch InBev, the world’s largest brewer. Lemann has a net worth of $15.4 billion.
7. Canada
Canada has 64 billionaires with a combined net worth of $308 billion, led by Changpeng Zhao. Zhao is the founder and CEO of Binance, the world’s largest cryptocurrency exchange by trading volume. Zhao has a net worth of $65 billion.
6. Hong Kong
5. Russia
Russia has over 83 billionaires with a combined net worth of $320 billion, led by Vladimir Lisin, the is the chairman and majority shareholder of Novolipetsk, one of the four largest steel companies in Russia. Lisin has a net worth of $18.4 billion.
4. Germany
3. India
India has 166 billionaires with a combined net worth of $750 billion led by Mukesh Ambani who chairs Reliance Industries Limited, a conglomerate with interests in telecommunications, retail, and oil and gas. Ambani has a net worth of $90.7 billion.
2. China
Second, on the list of countries with the most billionaires is China with 539 billionaires with a combined net worth of $1.96 trillion. The country also has the most number of cities among the top ten cities with billionaires in the world. The richest man in China is Zhong Shanshan with a net worth of $65.7 billion.
1. United States
The United States of America has the most billionaires in the world. New York City remains the city with the most billionaires in the world. The country has 735 billionaires with a total net worth of $4.7 billion, led by Elon Musk, the CEO of Tesla and SpaceX. Musk has an estimated net worth of $219 billion.
