Global wealth consultancy Wealth-X released its Billionaire Wealth Census 2019, which looks at the world’s billionaires and their money from every angle.
The report reveals that 2018 wasn’t the best year for billionaires. Their number declined for only the second time – the last time was the 2008 financial crash. The number of billionaires fell by 5.4%, to 2,604 people. Their combined wealth dropped by 7%, to $8.6 trillion.
There was a rise of 3.7% of billionaires in the U.S., however. The United States is by far the main country with the world’s most billionaires – 705 of them, in fact. Here are the top countries where those with nine-figure wealth reside.
- United States (705)
- China (285)
- Germany (146)
- Russia (102)
- United Kingdom (97)
- Switzerland (91)
- Hong Kong (87)
- India (82)
- Saudia Arabia (57)
- France (55)
The report also reveals that 30% of the world’s billionaires are clustered in just 15 cities. They top six are New York (105), Hong Kong (87), San Francisco (75), Moscow (70), London (65), and Beijing (55).
And if you’re wondering where the NYC billionaires actually live, Curbed has a peek at some of their apartments, from Wal-Mart heiress Alice Walton to United States Secretary of Commerce Wilbur Ross.
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