Connect with us

Money

World’s Ultra-Wealthy Population, in One Chart

Published

on

The World's Ultra-Wealthy Population, in One Chart

The World’s Ultra-Wealthy Population, in One Chart

Reaching the status of “millionaire” used to be a big deal.

But with rising inflation, a higher cost of living in cities, and changing perceptions around wealth, the six zero milestone doesn’t mean as much anymore.

Heck, there are over 16 million millionaires globally, and 4.3 million in the United States alone. Therefore, to really get a sense of the makeup of the world’s ultra-wealthy population, we need a more exclusive and finely-tuned indicator.

The $50 million Benchmark

Today’s infographic comes to us from the Knight Frank Wealth Report 2018, which you should absolutely check out if global wealth is a topic of interest to you.

The visualization breaks down the world’s 129,730 people that have fortunes of US$50 million and above. It’s a much narrower measure, representing just the upper echelon (top 1%) of the world’s millionaire population.

The graphic sorts these ultra-wealthy people by country and region, but also breaks down the change in population between 2016 (Q4) and 2017 (Q4).

The Ultra-Wealthy by Region

Here’s the $50 million and above population sorted by region:

RankRegionUltra-wealthy pop (>$50mm)1-yr growth rate
#1North America44,000+5%
#2Asia35,880+15%
#3Europe35,180+10%
#4Middle East4,740+3%
#5Latin America4,220+20%
#6Russia & CIS2,870+26%
#7Australasia1,650+9%
#8Africa1,190+7%
Total129,730

North America still reigns supreme, but Asia is fast catching up and has already surpassed Europe in this measure of wealth. It’s worth noting that in the one-year span between 2016 (Q4) and 2017 (Q4), the ultra-wealthy population for Asia grew a solid 15%.

It’s also surprising to see that Latin America and Russia & CIS are experiencing such high rates of growth in their >$50 million populations, as well.

Top 10 Ultra-Wealthy Countries

By absolute population, here are the top 10 countries for the ultra-wealthy, based on the above data:

RankCountryUltra-wealthy pop (>$50mm)% of global total
#1United States38,50029.7%
#2Japan9,9607.7%
#3Mainland China8,8006.8%
#4Germany8,0706.2%
#5Canada5,5004.2%
#6France5,2404.0%
#7Hong Kong, China5,1404.0%
#8United Kingdom4,5803.5%
#9Switzerland3,7102.9%
#10Italy3,1502.4%

The U.S. holds about 30% of the world’s ultra-wealthy population, while China adds up to nearly 11% when including both Mainland China and Hong Kong in the calculations.

Switzerland (8.4 million people) punches above its weight class, hitting the #9 spot globally, while Canada takes the #5 spot despite having fewer people (36 million) than the majority of the countries on the list.

Click for Comments

Money

The Wealthiest People in the World, Outside of America

This graphic shows the wealthiest people in the world that live in countries either than America, from luxury moguls to India’s titans.

Published

on

The Wealthiest People in the World, Outside of America

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.

Today, nine of the top 10 wealthiest people in the world are American, largely due to fortunes in big tech—but looking beyond U.S. borders tells a different story.

In Asia, people in the highest echelons of wealth are energy and industrial titans, while the richest in Europe run luxury conglomerates and major consumer firms. Many of these companies are well known globally, and several are only known within their region.

This graphic shows the richest people that live outside of America, based on data from Bloomberg.

The World’s Richest: A Global Perspective

Here are the wealthiest non-American people in the world as of January 2024:

RankNameCountryNet Worth
Jan 2024
1Bernard Arnault🇫🇷 France$183B
2Mukesh Ambani🇮🇳 India$108B
3Carlos Slim🇲🇽 Mexico$101B
4Françoise Bettencourt Meyers🇫🇷 France$97B
5Gautam Adani🇮🇳 India$96B
6Amancio Ortega🇪🇸 Spain$85B
7Zhong Shanshan🇨🇳 China$62B
8Gerard Wertheimer🇫🇷 France$47B

France’s Bernard Arnault, with a net worth of $183 billion, is the world’s richest person thanks to the success of LVMH, the luxury conglomerate he runs.

With brands including Louis Vuitton, Fendi, and Christian Dior, LVMH is among the largest public companies in Europe, reaching a $444 billion valuation in 2024. Last year, the company witnessed record revenues driven by sales in its fashion and leather divisions.

Latin America’s richest person is Carlos Slim, with a fortune of $101 billion. Slim’s net worth is equal to nearly 8% of Mexico’s GDP. His wealth is largely derived from his ownership of América Móvil, Latin America’s largest mobile-phone operator, as well as his conglomerate, Grupo Carso.

The world’s richest woman is Françoise Bettencourt Meyers, also from France. According to Bloomberg, Bettencourt Meyers’ controls one-third of L’Oreal, and is the chairwoman of her family’s private equity firm, Tethys Investments.

As China’s richest person, Zhong Shanshan is chairman of bottled water company, Nongfu Spring. The company is listed on the Stock Exchange of Hong Kong, where it raised $1.1 billion from its 2020 IPO. He is also involved with Beijing Wantai Biological Pharmacy Enterprise, a producer of vaccines.

While the richest people in America are heavily concentrated in tech, not one on this list derives the majority of their wealth from the sector, illustrating a clear departure from this trend.

Continue Reading
NOVAGOLD. Pure Gold. Precious Opportunity.

Subscribe

Popular