Countries With The Highest Number Of Billionaires! See Nigeria’s Position!

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Jeff Bezos
BEVERLY HILLS, CA - JANUARY 06: Amazon CEO Jeff Bezos attends the Amazon Prime Video's Golden Globe Awards After Party at The Beverly Hilton Hotel on January 6, 2019 in Beverly Hills, California. (Photo by Emma McIntyre/Getty Images)

These days, when new business opportunities are appearing every day, there is no shortage of billionaires around the world. Overall, in 2020, there are 2,095 billionaires on the planet, which is less than in 2019, when there were 2,153 in the world.

Here are the 10 countries with the highest number of billionaires plus Nigeria’s position on the list.

10. France

With 39 billionaires, France is at the bottom of the top 10 list of countries with the biggest number of billionaires. The total net worth of French billionaires is $304 billion, and the richest person in the country is Bernard Arnault, the CEO of Louis Vuitton Moët Hennessy.

9. Canada

This year, Canada came a ninth of the list of the countries who have the most billionaires around the world. There are 44 billionaires living in Canada who have a total net worth of $143 billion. The top-earning billionaire in Canada is David Thomson, a media magnate and heir of a business empire.

8. United Kingdom

The United Kingdom is just one billionaire ahead of Canada with 45 billionaires in 2020. The UK also has a substantially higher net worth of its billionaires that reached $153 billion this year. The person with the biggest net worth in the United Kingdom is Leonard Blavatnik, a prominent investor.

7. Brazil

Brazil is a country of social contrasts and its relatively high number of billionaires only confirms it. With 45 billionaires, Brazil shares a spot with the UK, but the cumulative net worth of Brazilian billionaires is only $127 billion. The richest person in Brazil is Joseph Safra, the owner of an investment and banking empire.

6. Hong Kong

As one of the wealthiest countries in the world despite its small size, Hong Kong will hardly surprise anyone by making it to the top 10 list of billionaire countries. There are 66 billionaires in Hong Kong with a total net worth of $300 billion. Shau Kee Lee, a businessman and investor, is the country’s richest person in 2020.

5. Russia

Russia has one of the most controversial reputations among all countries on our list, but it didn’t prevent Russia from placing fifth on the list of countries with the highest number of billionaires. This year, there are 99 billionaires with a total net worth of $385 billion, and Vladimir Potanin, a prominent businessman, is the richest person in Russia.

4. India

Like Brazil, India has lots of social contrasts, but its 102 billionaires still look very impressive. The total net worth of all Indian billionaires is $313 billion. The title of the richest person in India goes to Mukesh Ambani, a business magnate with a highly successful conglomerate company.

3. Germany

Given how wealthy Germany is, its billionaire stats look tame in comparison to some other countries on our list. In 2020, there are 107 billionaires in Germany with a cumulative net worth of $447 billion. Beate Heister and Karl Albrecht Jr., the heirs of the Aldi empire, share the first spot on the list of Germany’s richest citizens.

2. China

Everyone is aware of China’s skyrocketing wealth over the past decades, which is why its second spot on the list of billionaire countries is not surprising at all. China has 389 billionaires with a total net worth of $1.2 trillion. Jack Ma, the founder of Alibaba Group, is the country’s richest person.

1. Unites States

China may have the most impressive economic growth, but the Unites States still confidently occupy the first spot among the countries with the highest number of billionaires. With 614 billionaires in total and $2.9 trillion of net worth among the billionaires, the United States looks unbeatable this year. The richest person in the US is Jeff Bezos, the founder of Amazon.

So where is Nigeria on the list of the countries with the biggest number of billionaires? In 2020, Nigeria placed 27th on the list of richest countries alongside Greece, Cyprus, Monaco, and Colombia. The three billionaires representing Nigeria are Aliko Dangote, Mike Adenuga, and Abdulsamad Rabiu.

This article appeared first on Jiji