World economy: Top 15 countries with the most billionaires
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World economy: Top 15 countries with the most billionaires

According to the latest ranking by Wealth-X's 2019 Billionaire Census, the United States has the most billionaires in the world with 420 more people than China. In total, there are 705 billionaires in the US, 285 in China, 146 in Germany, 102 in Russia, and 97 in the UK.

The total worth of US billionaires is more than the billionaires of eight highest-ranking countries of China, Russia, Germany, United Kingdom, Switzerland, Hong Kong, India, and Saudi Arabia put together, Business Insider reports.

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In all, there are 1,942 billionaires in the top 15 countries with the financial worth of $6.8 trillion, which accounts for 79 percent of total global billionaire wealth in 2018.

As at the time of writing this, Nigeria does not make the list. Perhaps, Nigeria could qualify when it has more billionaires as Aliko Dangote's present net worth ($10.2 billion) beats the richest men's financial worth in Singapore, United Arab Emirates, Canada, and India.

Here are therefore the top 15 countries with the most billionaires in 2019:

1. United States

Number of billionaires: 705

Total billionaire wealth: $3,013 billion

Richest Individual: Jeff Bezos ($118 billion)

2. China

Number of billionaires: 285

Total billionaire wealth: $996 billion

Richest Individual: Jack Ma ($41.8 billion)

3. Germany

Number of billionaires: 146

Total billionaire wealth: $442 billion

Richest Individual: Dieter Schwarz ($23.6 billion)

4. Russia

Number of billionaires: 102

Total billionaire wealth: $355 billion

Richest Individual: Leonid Mikhelson ($21.6 billion)

5. United Kingdom

Number of billionaires: 97

Total billionaire wealth: $209 billion

Richest Individual: Jim Ratcliffe ($18.7 billion)

6. Switzerland

Number of billionaires: 91

Total billionaire wealth: $240 billion

Richest Individual: Ernesto Bertarelli ($16 billion)

7. Hong Kong

Number of billionaires: 87

Total billionaire wealth: $259 billion

Richest Individual: Li Ka-Shing ($30.8 billion)

8. India

Number of billionaires: 82

Total billionaire wealth: $284 billion

Richest Individual: Mukesh Ambani ($49.5 billion)

9. Saudi Arabia

Number of billionaires: 57

Total billionaire wealth: $147 billion

Richest Individual: Alwaleed Al Saud ($14.7 billion)

10. France

Number of billionaires: 55

Total billionaire wealth: $195 billion

Richest Individual: Bernard Arnault ($88.5 billion)

11. United Arab Emirates

Number of billionaires: 55

Total billionaire wealth: $165 billion

Richest Individual: Majid Al Futtaim ($5.13 billion)

12. Brazil

Number of billionaires: 49

Total billionaire wealth: $154 billion

Richest Individual: Jorge Paulo Lemann ($22.4 billion)

13. Italy

Number of billionaires: 47

Total billionaire wealth: $141 billion

Richest Individual: Giovanni Ferrero ($24.2 billion)

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14. Canada

Number of billionaires: 45

Total billionaire wealth: $87 billion

Richest Individual: Sherry Brydson ($8.39 billion)

15. Singapore

Number of billionaires: 39

Total billionaire wealth: $84 billion

Richest Individual: Wee Cho Yaw ($8.53 billion)

Recall that Legit.ng earlier reported that Qatar, Macao, Luxemborg, Singapore, and Brunei Darussalam are some of the world's top 10 richest countries according to the Gross Domestic Product (GDP).

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Source: Legit.ng

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