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The Geography of the World’s 50 Top Billionaires

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50 Top Billionaires by Geography

The Geography of the World’s 50 Top Billionaires

The business world has undergone considerable change in the last two decades.

While some fortunes are always reliably passed on to their respective heirs and heiresses, there are also entirely new industries that rise out of nowhere to shape the landscape of global wealth.

As the wealth landscape shifts, so does its geographical distribution.

The 2019 List of Billionaires

Today’s chart uses data from the most recent edition of the Forbes Billionaires List to map the distribution of the world’s richest people, and then compare that to data from 20 years prior.

We’ll start here by looking at the most recent data from 2019:

RankNameNet Worth ($B)CitizenshipIndustry
#1Jeff Bezos131🇺🇸 USATech, eCommerce
#2Bill Gates96.5🇺🇸 USATech
#3Warren Buffett82.5🇺🇸 USAInvestments
#4Bernard Arnault76🇫🇷 FranceLuxury Goods, Cosmetics
#5Carlos Slim Helu64🇲🇽 MexicoTelecommunications
#6Amancio Ortega62.7🇪🇸 SpainApparel
#7Larry Ellison62.5🇺🇸 USATech
#8Mark Zuckerberg62.3🇺🇸 USATech
#9Michael Bloomberg55.5🇺🇸 USAMedia
#10Larry Page50.8🇺🇸 USATech
#11Charles Koch50.5🇺🇸 USADiversified
#12David Koch50.5🇺🇸 USADiversified
#13Mukesh Ambani50🇮🇳 IndiaOil & Gas, Telecoms
#14Sergey Brin49.8🇺🇸 USATech
#15Francoise Bettencourt49.3🇫🇷 FranceCosmetics
#16Jim Walton44.6🇺🇸 USARetail
#17Alice Walton44.4🇺🇸 USARetail, Art
#18Rob Walton44.3🇺🇸 USARetail
#19Steve Ballmer41.2🇺🇸 USATech
#20Ma Huateng (Pony)38.8🇨🇳 ChinaTech
#21Jack Ma37.3🇨🇳 ChinaTech, eCommerce
#22Hui Ka Yan36.2🇨🇳 ChinaReal Estate
#23Beate Heister & Karl Albrecht Jr.36.1🇩🇪 GermanyRetail
#24Sheldon Adelson35.1🇺🇸 USACasinos
#25Michael Dell34.3🇺🇸 USATech
#26Phil Knight33.4🇺🇸 USAApparel
#27David Thomson32.5🇨🇦 CanadaMedia
#28Li Ka-shing31.7🇨🇳 ChinaDeveloper
#29Lee Shau Kee30.1🇨🇳 ChinaDeveloper
#30François Pinault29.7🇫🇷 FranceLuxury Goods
#31Joseph Safra25.2🇧🇷 BrazilDiversified
#32Leonid Mikhelson24🇷🇺 RussiaOil & Gas
#33Jacqueline Mars23.4🇺🇸 USAFood
#34John Mars23.9🇺🇸 USAFood
#35Jorge Paulo Lemann22.8🇧🇷 BrazilDiversified
#36Azim Premji22.6🇮🇳 IndiaTech
#37Dieter Schwarz22.6🇩🇪 GermanyRetail
#38Wang Jianlin22.6🇨🇳 ChinaReal Estate
#39Giovanni Ferrero22.4🇮🇹 ItalyFood
#40Elon Musk22.4🇺🇸 USAAutomotive, Tech
#41Tadashi Yanai22.2🇯🇵 JapanApparel
#42Yang Huiyan22.1🇨🇳 ChinaReal Estate
#43Masayoshi Son21.6🇯🇵 JapanBanking, Investments
#44Jim Simons21.5🇺🇸 USAInvestments
#45Vladimir Lisin21.3🇷🇺 RussiaSteel, Transportation
#46Susanne Klatten21🇩🇪 GermanyAutomotive, Pharma
#47Vagit Alekperov20.7🇷🇺 RussiaOil & Gas
#48Alexey Mordashov20.5🇷🇺 RussiaSteel, Investments
#49Gennady Timchenko20.1🇷🇺 RussiaOil & Gas
#50Leonardo Del Vecchio19.8🇮🇹 ItalyEyewear

The most recent billionaires list features Jeff Bezos at the top with $131 billion, although it’s likely his recent divorce announcement will provide an upcoming shakeup to the Bezos Empire.

Bezos is just one of 21 Americans that find themselves in the top 50 list, which means that 42% of the world’s top billionaires hail from the United States.

Billionaire Geography Over Time

If we compare the top 50 list to that from 1999, it’s interesting to see what has changed over time in terms of geographical distribution.

Here’s the distribution of top countries on both lists, compared:

CitizenshipTop Billionaires (1999)Top Billionaires (2019)Change
🇷🇺 Russia05+5
🇨🇳 China37+4
🇺🇸 United States1821+3
🇧🇷 Brazil02+2
🇮🇳 India02+2
🇮🇹 Italy12+1
🇪🇸 Spain01+1
🇲🇽 Mexico110
🇨🇦 Canada110
🇧🇲 Bermuda10-1
🇯🇵 Japan32-1
🇫🇷 France53-2
🇸🇦 Saudi Arabia20-2
🇹🇼 Taiwan20-2
🇸🇪 Sweden30-3
🇨🇭Switzerland30-3
🇩🇪 Germany73-4

In the last 20 years, Russia and China have stockpiled the most top billionaires, adding five and four to the top 50 list respectively. The United States added three, going from 18 to 21 billionaires over the timeframe.

On the other end of the spectrum, Germany, Sweden, and Switzerland have lost the most billionaires from the top 50 ranking.

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Demographics

The Smallest Gender Wage Gaps in OECD Countries

Which OECD countries have the smallest gender wage gaps? We look at the 10 countries with gaps lower than the average.

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Chart showing the OECD countries with the 10 smallest gender pay gaps

The Smallest Gender Pay Gaps in OECD Countries

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Among the 38 member countries in the Organization for Economic Cooperation and Development (OECD), several have made significant strides in addressing income inequality between men and women.

In this graphic we’ve ranked the OECD countries with the 10 smallest gender pay gaps, using the latest data from the OECD for 2022.

The gender pay gap is calculated as the difference between median full-time earnings for men and women divided by the median full-time earnings of men.

Which Countries Have the Smallest Gender Pay Gaps?

Luxembourg’s gender pay gap is the lowest among OECD members at only 0.4%—well below the OECD average of 11.6%.

RankCountryPercentage Difference in Men's & Women's Full-time Earnings
1🇱🇺 Luxembourg0.4%
2🇧🇪 Belgium1.1%
3🇨🇷 Costa Rica1.4%
4🇨🇴 Colombia1.9%
5🇮🇪 Ireland2.0%
6🇭🇷 Croatia3.2%
7🇮🇹 Italy3.3%
8🇳🇴 Norway4.5%
9🇩🇰 Denmark5.8%
10🇵🇹 Portugal6.1%
OECD Average11.6%

Notably, eight of the top 10 countries with the smallest gender pay gaps are located in Europe, as labor equality laws designed to target gender differences have begun to pay off.

The two other countries that made the list were Costa Rica (1.4%) and Colombia (1.9%), which came in third and fourth place, respectively.

How Did Luxembourg (Nearly) Eliminate its Gender Wage Gap?

Luxembourg’s virtually-non-existent gender wage gap in 2020 can be traced back to its diligent efforts to prioritize equal pay. Since 2016, firms that have not complied with the Labor Code’s equal pay laws have been subjected to penalizing fines ranging from €251 to €25,000.

Higher female education rates also contribute to the diminishing pay gap, with Luxembourg tied for first in the educational attainment rankings of the World Economic Forum’s Global Gender Gap Index Report for 2023.

See More Graphics about Demographics and Money

While these 10 countries are well below the OECD’s average gender pay gap of 11.6%, many OECD member countries including the U.S. are significantly above the average. To see the full list of the top 10 OECD countries with the largest gender pay gaps, check out this visualization.

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