Billionaires by Country 2023 - Wisevoter (2024)

Algeria

Algeria has 1 billionaire, with a low billionaire rate of 0.02.

Angola

Angola has 1 billionaire with a billionaire rate of 0.03.

Argentina

Argentina is the thirty-ninth country with the most billionaires, with only 4 billionaires. The billionaire rate in Argentina is 0.09, which is relatively low compared to other countries. Argentina is known for its wealth inequality, with a high poverty rate and a shrinking middle class, which could partly explain why there are only a few billionaires in the country.

Australia

Australia is the thirteenth country with the most billionaires, with 44 billionaires. With a billionaire rate of 1.2, Australia's wealth distribution remains heavily skewed towards the wealthy, with many of its billionaires linked to its mining and real estate industries.

Austria

Austria is the twenty-ninth country with the most billionaires, with 9 billionaires. The billionaire rate in Austria is 1.01. Austria has a well-developed economy and a strong financial sector, which may contribute to the number of billionaires in the country.

Barbados

Belgium

Belgium has 1 billionaire, with a billionaire rate of 0.09.

Brazil

Brazil is the seventh country with the most billionaires, with 65 billionaires. Despite having a billionaire rate of only 0.21, Brazil's wealth distribution remains heavily skewed towards the wealthy, with many of its billionaires linked to the country's banking and investment industries.

Bulgaria

Canada

Canada is the eighth country with the most billionaires, with 64 billionaires. With a billionaire rate of 1.15, Canada's wealth is largely concentrated in the hands of its business elite, particularly in the country's financial and real estate sectors.

Chile

Chile is the thirty-third country with the most billionaires, with 7 billionaires. The billionaire rate in Chile is 0.36. Chile has a relatively small economy, but it has been growing steadily in recent years, particularly in the mining sector.

Colombia

Colombia is the forty-fourth country with the most billionaires, with only 3 billionaires. The billionaire rate in Colombia is 0.06, which is relatively low compared to other countries. Colombia is known for its high levels of violence and drug trafficking, which may contribute to a less conducive environment for wealth creation.

Cyprus

Cyprus is the forty-fifth country with the most billionaires, with 3 billionaires. The billionaire rate in Cyprus is 3.38, which is one of the highest rates among all countries on the list. Cyprus is known as a tax haven and a center for offshore banking, which has attracted many wealthy individuals and corporations to the island nation.

Czech Republic

The Czech Republic is the thirty-first country with the most billionaires, with 8 billionaires. The billionaire rate in the Czech Republic is 0.75. Despite having a relatively small economy, the country has a strong manufacturing industry, particularly in automobiles and electronics, which may contribute to the number of billionaires in the country.

Denmark

Denmark is the thirty-second country with the most billionaires, with 8 billionaires. The billionaire rate in Denmark is 1.37. Denmark has a highly developed economy with a strong welfare system, which may contribute to the number of billionaires in the country.

Egypt

Egypt is the thirty-fourth country with the most billionaires, with 6 billionaires. The billionaire rate in Egypt is 0.06. Egypt has a large population and a developing economy, but it also faces political instability and high levels of poverty, which may contribute to the relatively low number of billionaires in the country.

Estonia

Eswatini

Eswatini has 1 billionaire, with a billionaire rate of 0.92.

Finland

Finland is the thirty-fifth country with the most billionaires, with 6 billionaires. The billionaire rate in Finland is 1.09. Finland has a strong knowledge-based economy and a highly educated workforce, which may contribute to the number of billionaires in the country.

France

France is the fifteenth country with the most billionaires, with 42 billionaires. France has a billionaire rate of 0.58, which is relatively low compared to some other countries. The French economy is highly developed and diversified, with a strong focus on luxury goods, aerospace, and pharmaceuticals. However, the country also has high taxes, strict regulations, and a strong social welfare system, which can make it challenging for entrepreneurs to accumulate significant wealth.

Georgia

Georgia has 1 billionaire, with a billionaire rate of 0.27.

Germany

Germany is the fourth country with the most billionaires, with 136 billionaires. Germany's billionaire rate of 1.55 is attributed to the country's thriving economy, which is driven by its manufacturing and technology sectors. Germany is home to many successful and influential billionaires, including Beate Heister and Karl Albrecht Jr., the heirs to the Aldi supermarket empire, which was founded by their father and uncle, and Dieter Schwarz, the owner of Schwarz Group, which operates the Lidl and Kaufland supermarket chains.

Greece

Greece is the forty-sixth country with the most billionaires, with only 3 billionaires. The billionaire rate in Greece is 0.28, which is relatively low compared to other countries. Greece has been hit hard by the global financial crisis and subsequent austerity measures, which have led to a decline in the overall wealth of the country.

Guernsey

Guernsey has 1 billionaire and a billionaire rate of 15.83.

Hong Kong

Hong Kong is the sixth country with the most billionaires, with 71 billionaires. However, with a billionaire rate of 8.83, Hong Kong has one of the highest concentrations of billionaires per capita, primarily due to its status as a global financial hub and the presence of many large multinational corporations.

Hungary

Hungary has 1 billionaire, with a billionaire rate of 0.1.

Iceland

Iceland has 1 billionaire, with a billionaire rate of 2.71.

India

India is the third country with the most billionaires, with 237 billionaires. Despite having a billionaire rate of 0.17, India's wealth inequality remains high, with the majority of its population living in poverty. The country's billionaires are often linked to family-run conglomerates, which have been criticized for dominating the market and limiting competition. A few examples of Indian billionaires include Mukesh Ambani, the chairman and largest shareholder of Reliance Industries, Shiv Nadar, the founder of HCL Technologies, Gautam Adani, the chairman and founder of the Adani Group, and Cyrus Poonawalla, the chairman of the Serum Institute of India.

Indonesia

Indonesia is the twenty-third country with the most billionaires, with 15 billionaires. However, its billionaire rate is relatively low at 0.06, which is one of the lowest on the list. Indonesia's economy is still developing, and there is a large wealth gap between the rich and the poor. The country also faces challenges related to corruption, which can make it difficult for entrepreneurs to succeed. Despite these challenges, there are still a few billionaires in Indonesia, mostly in the real estate and retail industries.

Ireland

Ireland is the thirtieth country with the most billionaires, with 9 billionaires. The billionaire rate in Ireland is 1.81. Ireland has a low corporate tax rate, which has attracted many multinational companies to set up their European headquarters in the country. This has contributed to the growth of its economy and the number of billionaires.

Israel

Israel is the twenty-second country with the most billionaires, with 17 billionaires. The billionaire rate in Israel is 1.82, which is relatively high compared to some other countries on the list. The high number of billionaires in Israel can be attributed to its thriving high-tech industry and entrepreneurial culture. The country is known as the "Startup Nation," and its capital, Tel Aviv, has been called the "Silicon Wadi." Israel also has a highly educated population and a strong economy, which are factors that contribute to the success of its billionaires.

Italy

Italy is the tenth country with the most billionaires, with 51 billionaires. Despite having a billionaire rate of only 0.61, Italy's wealth distribution remains heavily skewed towards the wealthy, with many of its billionaires linked to its fashion and luxury goods industries.

Japan

Japan is the eleventh country with the most billionaires, with 49 billionaires. Despite having a billionaire rate of only 0.21, Japan's wealth distribution remains heavily concentrated in the hands of its business elite, particularly in the technology and automotive sectors.

Kazakhstan

Kazakhstan is the fortieth country with the most billionaires, with 4 billionaires. The billionaire rate in Kazakhstan is 0.21, which is higher than many other countries on the list. Kazakhstan is rich in natural resources, such as oil, gas, and minerals, which have contributed to the wealth of its richest citizens.

Kuwait

Lebanon

Lebanon is the thirty-sixth country with the most billionaires, with 6 billionaires. The billionaire rate in Lebanon is 0.89. Despite facing political instability and economic challenges, Lebanon has a relatively wealthy population and a well-developed banking sector, which may contribute to the number of billionaires in the country.

Liechtenstein

Liechtenstein has 1 billionaire and a billionaire rate of 25.71.

Macau

Macau has 1 billionaire, with a billionaire rate of 1.46.

Malaysia

Malaysia is the twenty-fifth country with the most billionaires, with 12 billionaires. The billionaire rate in Malaysia is 0.37, which is higher than Indonesia and the Philippines but still relatively low compared to some of the other countries on the list. Malaysia's billionaires are involved in various industries, including finance, retail, and real estate. The country has a strong economy, but like many other countries, it also faces challenges related to corruption and income inequality.

Mexico

Mexico is the twenty-sixth country with the most billionaires, with 12 billionaires. The billionaire rate in Mexico is 0.1. Despite having the 11th largest economy in the world, Mexico's billionaire rate is relatively low. This is due to factors such as high levels of poverty and income inequality in the country.

Monaco

Monaco is the forty-seventh country with the most billionaires, with 3 billionaires. The billionaire rate in Monaco is 78.74, which is by far the highest rate among all countries on the list. Monaco is a small independent city-state located on the French Riviera and is known for its luxurious lifestyle and tax-friendly policies, which have attracted many wealthy individuals and corporations to the principality.

Morocco

Morocco has 1 billionaire, with a billionaire rate of 0.03.

Nepal

Nepal has 1 billionaire, with a billionaire rate of 0.03.

Netherlands

The Netherlands is the twenty-eighth country with the most billionaires, with 11 billionaires. The billionaire rate in the Netherlands is 0.63. The country is known for its favorable business climate and has a high concentration of multinational corporations, which may contribute to the number of billionaires in the country.

New Zealand

New Zealand has 2 billionaires, with a billionaire rate of 0.39.

Nigeria

Nigeria is the forty-eighth country with the most billionaires, with only 3 billionaires. The billionaire rate in Nigeria is 0.01, which is relatively low compared to other countries. Nigeria is the largest economy in Africa and has significant oil reserves, but the country has been plagued by corruption and political instability, which may contribute to a less conducive environment for wealth creation.

Norway

Norway is the twenty-seventh country with the most billionaires, with 12 billionaires. The billionaire rate in Norway is 2.23. Norway has a relatively high number of billionaires for its population size, which can be attributed to its natural resource wealth, particularly in oil and gas.

Oman

Oman has 1 billionaire, with a billionaire rate of 0.22.

People's Republic of China

China is the second country with the most billionaires, with 698 billionaires. However, with a billionaire rate of only 0.28, China's wealth distribution remains uneven due to its economic policies and the government's role in regulating the market. China is home to some of the wealthiest and most influential billionaires in the world, including Jack Ma, the co-founder of Alibaba Group, Zhong Shanshan, the founder and CEO of Nongfu Spring, Pony Ma, the founder and CEO of Tencent, and Colin Huang, the founder of Pinduoduo.

Peru

Peru has 2 billionaires, but a lower billionaire rate of 0.06.

Philippines

The Philippines is the twenty-fourth country with the most billionaires, also with 15 billionaires. The billionaire rate in the Philippines is slightly higher than Indonesia's at 0.14. The country's billionaires are mainly involved in the real estate and food and beverage industries. The Philippines has a large population and a growing economy, but like Indonesia, it also faces challenges related to corruption and income inequality.

Poland

Poland is the thirty-seventh country with the most billionaires, with 6 billionaires. The billionaire rate in Poland is 0.16. Poland has a large population and a developing economy, but it also faces challenges such as high levels of corruption and political instability.

Portugal

Portugal has 1 billionaire, with a billionaire rate of 0.1.

Qatar

Qatar has 1 billionaire, with a billionaire rate of 0.37.

Romania

Romania has 2 billionaires and a billionaire rate of 0.1.

Russia

Russia is the fifth country with the most billionaires, with 117 billionaires. Although Russia has a billionaire rate of 0.68, its wealth distribution is heavily skewed towards the ultra-wealthy, with some of its billionaires having close ties to the government. Russia has many billionaires, some of whom are among the wealthiest people in the world. A few notable examples of Russian billionaires are Vladimir Potanin, the founder and largest shareholder of the Russian mining and metallurgy company Norilsk Nickel, Leonid Mikhelson, the founder and chairman of the natural gas company Novatek, Alisher Usmanov, an investor and entrepreneur with interests in a variety of industries, including mining, telecommunications, and media, and Roman Abramovich, best known as the owner of Chelsea Football Club, a Premier League team in England.

Saint Kitts and Nevis

Saint Kitts and Nevis has 2 billionaires, but a much higher billionaire rate of 37.04.

Singapore

Singapore is the twentieth country with the most billionaires, with 27 billionaires. Singapore has a billionaire rate of 4.57, which is one of the highest among the countries on the list. Singapore's economy is highly developed and diversified, with a strong focus on financial services, technology, and manufacturing. The country has a favorable business environment, with low taxes, minimal corruption, and a highly skilled workforce. Additionally, Singapore has a well-established reputation as a hub for wealth management and private banking.

Slovakia

Slovakia also has 2 billionaires, with a billionaire rate of 0.37.

South Africa

South Africa is the forty-first country with the most billionaires, with only 4 billionaires. The billionaire rate in South Africa is 0.07, which is relatively low compared to other countries. South Africa is known for its high levels of income inequality, with a large portion of the population living in poverty. However, the country has a relatively well-developed economy and a growing middle class, which may contribute to an increase in the number of billionaires in the future.

South Korea

South Korea is the fourteenth country with the most billionaires, with 43 billionaires. Despite having a billionaire rate of only 0.54, South Korea's wealth distribution remains heavily concentrated in the hands of its business elite, particularly in the technology and automotive sectors.

Spain

Spain is the nineteenth country with the most billionaires, with 30 billionaires. Spain has a billionaire rate of 0.51, which is relatively low compared to some other countries on the list. Spain's economy is highly diversified, with a focus on tourism, manufacturing, and agriculture. The country has struggled with high unemployment and a significant debt crisis in recent years, which has led to a challenging business environment. However, Spain's government has implemented several reforms to improve its business climate and attract foreign investment.

Sweden

Sweden is the sixteenth country with the most billionaires, with 41 billionaires. Sweden has a billionaire rate of 2.99, which is one of the highest among the countries on the list. Sweden has a highly developed and diversified economy, with a strong focus on technology, engineering, and manufacturing. The country also has a highly educated and skilled workforce, which contributes to its success in these sectors. Additionally, Sweden has a favorable business environment, with relatively low taxes and regulations.

Switzerland

Switzerland is the seventeenth country with the most billionaires, with 40 billionaires. Switzerland has a billionaire rate of 4.04, which is the highest among the countries on the list. Switzerland is known for its highly developed financial sector and its strict banking secrecy laws, which attract wealthy individuals and businesses from around the world. Additionally, Switzerland has a highly developed and diversified economy, with a strong focus on pharmaceuticals, engineering, and luxury goods.

Taiwan

Taiwan is the twelfth country with the most billionaires, with 47 billionaires. With a billionaire rate of 1.53, Taiwan's wealth is largely concentrated in the hands of its business elite, particularly in its technology and manufacturing sectors.

Tanzania

Tanzania has 1 billionaire, with a billionaire rate of 0.02.

Thailand

Thailand is the eighteenth country with the most billionaires, with 31 billionaires. Thailand has a billionaire rate of 0.3, which is relatively low compared to some other countries on the list. Thailand's economy is heavily dependent on exports, particularly in the automotive and electronics sectors. The country also has a well-developed tourism industry, which has been a significant contributor to its economic growth in recent years. Additionally, Thailand has relatively low taxes and regulations, which make it an attractive destination for foreign investors.

Turkey

Turkey is the twenty-first country with the most billionaires, with 27 billionaires. Turkey has a billionaire rate of 0.28, which is relatively low compared to some other countries on the list. Turkey's economy is highly diversified, with a focus on manufacturing, agriculture, and services. The country has a strategic location between Europe and Asia, which makes it an attractive destination for foreign investors. However, Turkey has faced several political and economic challenges in recent years, which have affected its business climate.

Ukraine

Ukraine is the thirty-eighth country with the most billionaires, with 6 billionaires. The billionaire rate in Ukraine is 0.14. Ukraine has a developing economy and faces challenges such as political instability and corruption, which may contribute to the relatively low number of billionaires in the country.

United Arab Emirates

The United Arab Emirates is the forty-second country with the most billionaires, with 4 billionaires. The billionaire rate in the United Arab Emirates is 0.43, which is relatively high compared to other countries. The UAE has become a major center for business and finance in the Middle East, attracting wealthy individuals from around the world. The country also has significant oil and gas reserves, which have contributed to the wealth of its richest citizens.

United Kingdom

The United Kingdom is the ninth country with the most billionaires, with 56 billionaires. Despite having a billionaire rate of 0.67, the UK's wealth distribution remains unequal, with many of its billionaires linked to its financial industry and inherited wealth.

United States of America

The United States is the country with the most billionaires, with 724 billionaires. With a billionaire rate of 1.85, the U.S. is known for its entrepreneurial spirit and robust economy that encourages business growth and innovation, creating an environment conducive to generating wealth. Some of the most famous and wealthiest billionaires in the US include Jeff Bezos, the founder and former CEO of Amazon, Elon Musk, the CEO and founder of Tesla, SpaceX, and Twitter, Bill Gates, the co-founder of Microsoft, and Mark Zuckerberg, the co-founder and CEO of Facebook.

Uruguay

Venezuela

Venezuela has 1 billionaire, with a billionaire rate of 0.04.

Vietnam

Vietnam is the forty-third country with the most billionaires, with 4 billionaires. The billionaire rate in Vietnam is 0.04, which is relatively low compared to other countries. Vietnam is a rapidly developing economy, but wealth is still concentrated among a small elite. However, the number of billionaires in Vietnam has been increasing in recent years, and this trend is likely to continue as the country's economy grows.

Zimbabwe

Zimbabwe has 1 billionaire, with a billionaire rate of 0.06.

How many billionaires are there in the world ?

There are a total of 2,869 billionaires in the world.

How many billionaires are in the US ?

There are 724 billionaires in the US.

Which country has the most billionaires ?

The United States is the country with the most billionaires, with a total of 724 individuals holding a net worth of about $4.4 trillion.