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These Are The Richest Billionaires In Each Country

These Are The Richest Billionaires In Each Country

While there are nearly 8 billion people in the world, just over 3,000 are billionaires as of November 2022. As Visual Capitalist's Carmen Ang notes, this tiny group of people is worth nearly $11.8 trillion - Equivalent to about 11.8% of global GDP.

Where do these billionaires live? This graphic by Truman Du uses data from Forbes to map out the richest billionaires around the world.

The Full List

As it turns out, billionaires are a lot more geographically concentrated than you might think.

In fact, of the 195 officially recognized countries around the world, only 76 are home to billionaires. And even within these countries, there’s vast disparities between the quantity of billionaires.

Here’s a breakdown of all the countries that have at least one billionaire. For countries with more than one, we’ve highlighted the billionaire with the highest net worth as of November 28, 2022:

Country/territory Name Net worth ($B) Main source of wealth (sector)
Algeria Issad Rebrab 5.1 food
Argentina Marcos Galperin 4.0 e-commerce
Armenia Ruben Vardanyan 1.3 investment banking
Australia Gina Rinehart 27.9 mining
Austria Georg Stumpf 7.9 real estate, construction
Bangladesh Muhammed Aziz Khan 1.0 power
Barbados Rihanna 1.4 music, cosmetics
Belgium Eric Wittouck 9.0 investments
Belize Kenneth Dart 4.0 investments
Brazil Jorge Paulo Lemann 15.6 beer
Bulgaria Georgi & Kiril Domuschiev 1.9 animal health, investments
Canada David Thomson 53.2 media
Chile Iris Fontbona 19.6 mining
China Zhong Shanshan 66.7 beverages, pharmaceuticals
Colombia Luis Carlos Sarmiento 6.3 banking
Cyprus John Fredriksen 11.4 shipping
Czechia Renata Kellnerova 16.0 finance, telecommunications
Denmark Anders Holch Povlsen 11.9 fashion retail
Egypt Nassef Sawiris 7.2 construction, investments
Estonia Kristo Kaarmann 1.4 payments, banking
Finland Antti Herlin 3.9 elevators, escalators
France Bernard Arnault 179.5 LVMH
Georgia Bidzina Ivanishvili 4.8 investments
Germany Beate Heister & Karl Albrecht Jr. 35.1 supermarkets
Greece Vicky Safra 7.1 banking
Guernsey Stephen Lansdown 2.3 financial services
Hong Kong Li Ka-shing 33.0 diversified
Hungary Sandor Csanyi 1.1 finance, real estate
Iceland Thor Bjorgolfsson 2.5 investments
India Gautam Adani 133.6 infrastructure, commodities
Indonesia R. Budi Hartono 23.4 banking, tobacco
Ireland John Collison & Patrick Collison 8,1 payments software
Israel Eyal Ofer 14.4 real estate, shipping
Italy Giovanni Ferrero 34.4 Nutella, chocolates
Japan Tadashi Yanai 29.2 fashion retail
Kazakhstan Vladimir Kim 5.0 mining
Lebanon Taha Mikati 2.8 telecom
Liechtenstein Christoph Zeller 2.2 dental materials
Macau Hoi Kin Hong 1.2 real estate
Malaysia Quek Leng Chan 10.2 banking, property
Mexico Carlos Slim Helu 86.2 telecom
Monaco Stefano Pessina 9.3 drugstores
Morocco Aziz Akhannouch 1.8 petroleum
Nepal Binod Chaudhary 1.5 diversified
Netherlands Charlene de Carvalho-Heineken 15.0 Heineken
New Zealand Graeme Hart 10.1 investments
Nigeria Aliko Dangote 12.9 cement, sugar
Norway Andreas Halvorsen 6.6 hedge funds
Oman Suhail Bahwan 2.0 diversified
Peru Carlos Rodriguez-Pastor 4.3 finance
Philippines Manuel Villar 7.0 real estate
Poland Michal Solowow 6.0 investments
Portugal Maria Fernanda Amorim 4.5 energy, investments
Qatar Faisal Bin Qassim Al Thani 1.9 hotels
Romania Ion Stoica & Matei Zaharia 1.6 data analytics
Russia Andrey Melnichenko 27.0 coal, fertilizers
Singapore Li Xiting 16.6 medical devices
Slovakia Ivan Chrenko 1.6 real estate
South Africa Johann Rupert 9.0 luxury goods
South Korea Jay Y. Lee 7.9 samsung
Spain Amancio Ortega 62.5 Zara
St. Kitts and Nevis Myron Wentz 1.3 health products
Swaziland (Eswatini) Nathan Kirsh 5.4 retail, real estate
Sweden Stefan Persson 15.3 H&M
Switzerland Guillaume Pousaz 23.0 fintech
Taiwan Zhang Congyuan 6.7 shoes
Tanzania Mohammed Dewji 1.5 diversified
Thailand Sarath Ratanavadi 12.2 energy
Turkey Ibrahim Erdemoglu 6.5 carpet
Ukraine Rinat Akhmetov 4.3 steel, coal
United Arab Emirates Pavel Durov 15.1 messaging app
United Kingdom Michael Platt 15.2 hedge funds
United States Elon Musk 191.2 Tesla, SpaceX
Venezuela Juan Carlos Escotet 3.2 banking
Vietnam Pham Nhat Vuong 4.7 diversified
Zimbabwe Strive Masiyiwa 1.2 telecom

The United States is well known to have one of the highest concentrations of billionaires. It’s home to over 900, with Elon Musk the wealthiest of them all with a staggering net worth of over $191 billion in November 2022. That makes him not just the richest billionaire in America, but the richest person in the world.

China has the second highest concentration of billionaires, with 400 ultra-wealthy that have a combined net worth of $1.45 trillion. China’s richest billionaire, Zhong Shanshan, is the founder of the Nongfu Spring beverage company.

Interestingly, there are no clear patterns when it comes to the type of industry or sector that these billionaires are involved in. The exception is the U.S., where a significant number of billionaires are linked to the tech industry.

And it’s important to note that some heads of states are reportedly billionaires, and in many cases might be the wealthiest people in their respective countries. But their wealth is often a state secret, well-diversified, and too difficult to accurately estimate.

Male vs. Female Billionaires

One trend that does stand out is the number of men versus women who are billionaires. Of the 76 billionaires on the list, only 7 are women.

This pattern is also evident when looking at the entire billionaire population—of the 3,311 billionaires worldwide, only 12.9% are women.

It’s worth mentioning that this population of billionaire women is rising. According to Forbes, the 2021 list included 328 women, 36% more than in 2020.

Tyler Durden Fri, 12/16/2022 - 23:20


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This post first appeared on FREEDOM BUNKER: The Best Libertarian News And Chat, please read the originial post: here

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