Canada ranks as one of the countries with the most billionaires in the world
When it comes to the three comma club, there are 15 countries in the world that are home to a substantial number of billionaires.
Wealth-X has released its sixth annual list of countries with the most billionaires, and what comes as little to no surprise is the US topped the list, with 420 more billionaires than the second-ranked country, China.
Canada ranked as the 14th country in the world with the most billionaires, with 45 living on Canadian soil, accounting for a total of $87 billion in wealth.
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The report further stated that the top 15 countries accounted for 75% of the global billionaire population.
Collectively, there are 1,942 billionaires living in the top 15 countries, who are worth a combined total of $6.8 trillion, which accounts for 79% of global billionaire wealth in 2018—up very slightly from a year earlier.
So, which countries topped the three comma club in the world this year? Check out Wealth X’s ranking below.
1. United States
- Number of billionaires: 705
- Total billionaire wealth: $3,013 billion
2. China
- Number of billionaires: 285
- Total billionaire wealth: $996 billion
3. Germany
- Number of billionaires: 146
- Total billionaire wealth: $442 billion
4. Russia
- Number of billionaires: 102
- Total billionaire wealth: $355 billion
5. United Kingdom
- Number of billionaires: 97
- Total billionaire wealth: $209 billion
6. Switzerland
- Number of billionaires: 91
- Total billionaire wealth: $240 billion
7. Hong Kong
- Number of billionaires: 87
- Total billionaire wealth: $259 billion
8. India
- Number of billionaires: 82
- Total billionaire wealth: $284 billion
9. Saudi Arabia
- Number of billionaires: 57
- Total billionaire wealth: $147 billion
10. France
- Number of billionaires: 55
- Total billionaire wealth: $195 billion
11. United Arab Emirates
- Number of billionaires: 55
- Total billionaire wealth: $165 billion
12. Brazil
- Number of billionaires: 49
- Total billionaire wealth: $154 billion
13. Italy
- Number of billionaires: 47
- Total billionaire wealth: $141 billion
14. Canada
- Number of billionaires: 45
- Total billionaire wealth: $87 billion
15. Singapore
- Number of billionaires: 39
- Total billionaire wealth: $84 billion