Mapping Out 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. 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|
|🇹🇼 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.
This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.
Mapped: How Much Does it Take to be the Top 1% in Each U.S. State?
An annual income anywhere between $360,000-$950,000 can grant entry into the top 1%—depending on where you live in America.
How Much Does it Take to be the Top 1% in Each U.S. State?
There’s an old saying: everyone thinks that they’re middle-class.
But how many people think, or know, that they really belong to the top 1% in the country?
Data from personal finance advisory services company, SmartAsset, reveals the annual income threshold at which a household can be considered part of the top 1% in their state.
Some states demand a much higher yearly earnings from their residents to be a part of the rarefied league, but which ones are they, and how much does one need to earn to make it to the very top echelon of income?
Ranking U.S. States By Income to Be in the Top 1%
At the top of the list, a household in Connecticut needs to earn nearly $953,000 annually to be part of the one-percenters. This is the highest minimum threshold across the country.
In the same region, Massachusetts requires a minimum annual earnings of $903,401 from its top 1% residents.
Here’s the list of all 50 U.S. states along with the annual income needed to be in the 1%.
|Rank||State||Top 1% Income|
|Top 1% Tax Rate
(% of annual income)
California ($844,266), New Jersey ($817,346), and Washington ($804,853) round out the top five states with the highest minimum thresholds to make it to their exclusive rich club.
On the other end of the spectrum, the top one-percenters in West Virginia make a minimum of $367,582 a year, the lowest of all the states, and about one-third of the threshold in Connecticut. And just down southwest of the Mountain State, Mississippi’s one-percenters need to make at least $381,919 a year to qualify for the 1%.
A quick glance at the map above also reveals some regional insights.
The Northeast and West Coast, with their large urban and economic hubs, have higher income entry requirements for the top 1% than states in the American South.
This also correlates to the median income by state, a measure showing Massachusetts households make nearly $90,000 a year, compared to Mississippians who take home $49,000 annually.
How Much Do the Top 1% Pay in Taxes?
Meanwhile, if one does make it to the top 1% in states like Connecticut and Massachusetts, expect to pay more in taxes than other states, according to SmartAsset’s analysis.
The one-percenters in the top five states pay, on average, between 26–28% of their income in tax, compared to those in the bottom five who pay between 21–23%.
And this pattern exists through the dataset, with higher top 1% income thresholds correlating with higher average tax rates for the wealthy.
|State Ranks||Median Tax Rate|
These higher tax rates point to attempts to reign in the increasing wealth disparity in the nation where the top 1% hold more than one-third of the country’s wealth, up from 27% in 1989.
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