The 15 top countries for billionaires, ranked by how many live there

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Billionaires can live almost anywhere they want.

Jamie Squire/Getty Images


Even though billionaires can pretty much choose to live wherever they want to in the world, it seems like most of them prefer the same few places.

There are 1,732 billionaires in the world currently. 15 countries dominated in terms of how many of them live there, according to the M&A broker firm Latona’s, which analyzed five years of a wealth report compiled by the real estate company Knight Frank.

Take a look at which countries worldwide have the most billionaires, ranked in ascending order.

15. Australia, 34 billionaires

Sydney Opera House Australia

Sydney, Australia.

Kokkai Ng/Getty Images


The number of billionaires residing in Australia has increased by 55% over the last five years.

But while a metropolitan city like Sydney might seem like the ideal place, many of the nation’s richest actually prefer a suburb right outside Melbourne.

The area, called Toorak, houses 23 of the 250 richest people in Australia, according to MailOnline.

=13. Taiwan, 35 billionaires

Taipei, Taiwan

Taipei, Taiwan.

Reuters


In the last five years, Taiwan has gained eight billionaires.

Most of the country’s billionaires are self-made,according to Taiwan News, with less than a third relying on a family fortune. Their combined wealth stands at $85.5 billion.

12. Switzerland, 36 billionaires

Geneva

Geneva, Switzerland.

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Switzerland saw the second-highest percentage increase in billionaires over 5 years, almost tripling its billionaire population since 2015.

11. France, 40 billionaires

Paris skyline

Paris, France.


LP2 Studio/Shutterstock



The number of billionaires in France is up 67% in five years.

The personal fortunes of French billionaires have grown at more than twice the pace of American and Chinese billionaires in the first half of 2019, Business Insider reported in July 2019.

9. South Korea, 44 billionaires

Seoul

Streets of Seoul, South Korea.


Shutterstock/DiegoMariottini



Five years ago, there were only 24 billionaires in South Korea. The figure is now almost twice that.

On top of this list is the chairman of Samsung Group, Lee Kun-Hee, who is worth an estimated $20.3 billion, according to Forbes.

7. UK, 54 billionaires

chelsea london

Kensington is one of the wealthiest neighborhoods of London.

Getty Images/Alexander Spatari


Despite its size, the UK is home to 54 billionaires, including the likes of Sir Jim Ratcliffe, Alan Sugar, and Sir James Dyson.

The Hinduja brothers, shareholders, and chairmen of Hinduja Group, top this list with a net worth of $31.7 billion, according to The Guardian.

6. Hong Kong, 64 billionaires

hong kong

Skyline of Hong Kong.

Ratnakorn Piyasirisorost / Getty


Hong Kong, which has gained 24 more billionaires in the last five years, has some of the most expensive real estate in the world, Business Insider’s Katie Warren reported.

5. Russia, 101 billionaires

st. petersburg russia

St.Petersburg, Russia.

Flickr Creative Commons


Russia is the only country on this list to see a decrease in billionaires, from 110 in 2013 to 101 in 2018.

4. India, 119 billionaires

Mumbai

Mumbai, India.


saiko3p / Shutterstock



In the last five years, India has seen a large increase of 116% to the number of billionaires living in its cities. Mumbai is the most favored city amongst billionaires in the country, according to The Times of India.

3. Germany, 123 billionaires.

Berlin skyline

Berlin, Germany.


Sean Pavone / Getty Images



Germany is Europe’s largest economy, and has its largest number of billionaires too.

The 11 richest Germans are worth a combined $197 billion.

2. China, 373 billionaires.

Shanghai

Shanghai, China.


LMspencer/Shutterstock



China’s booming economy produced a 206% increase in the number of billionaires there within just five years.

China’s richest man is Alibaba founder Jack Ma, with a net worth of $39 billion.

1. US, 585 billionaires

san francisco versus new york city

San Francisco and New York.

Ezra Shaw/Getty Images; Shutterstock; Melia Robinson/Business Insider


Number of billionaires: 585

The US remains the world hub for billionaires.

With the likes of Jeff Bezos, Bill Gates and Mark Zuckerberg, totaling a net worth of almost $300 billion, it is no surprise the US is home to so many high-net-worth individuals.

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