The latest rankings from Forbes World’s Billionaires List reveal that the U.S. is home to over 900 billionaires, while China, India, and several European countries follow suit with impressive figures of their own.
This concentration of wealth highlights global economic powerhouses and the increasing significance of tech, finance, and industrial sectors in shaping the world’s wealthiest individuals.
According to Forbes, there are now more than 3,000 billionaires worldwide, collectively worth a staggering $16.1 trillion.
However, this immense wealth is highly concentrated, with just three countries (USA, China and India) accounting for over 50% of all billionaires and their wealth. In contrast, 17 nations each have only a single billionaire.
The United States continues to dominate the list, with a record 902 billionaires, up from 813 last year, and a combined net worth of $6.8 trillion.
Nearly a third of this year’s billionaires hail from the U.S. Among the world’s 15 centibillionaires, all but two are American.
Elon Musk, with an estimated net worth of $342 billion, reclaimed the title of the world’s richest person from Bernard Arnault ($178 billion) of LVMH, marking the first time since 2022.
Other tech giants like Mark Zuckerberg of Meta ($216 billion), Jeff Bezos of Amazon ($215 billion), and Larry Ellison of Oracle ($192 billion) complete the top five.
Here’s a look at the top 10 countries with the highest number of billionaires in 2025;
| Rank | Country | No. of Billionaires | Richest Individual | Net Worth (Richest) |
|---|---|---|---|---|
|
1 |
United States |
902 |
Elon Musk |
$342 billion |
|
2 |
China |
450 |
Zhang Yiming |
$65.5 billion |
|
3 |
India |
205 |
Mukesh Ambani |
$92.5 billion |
|
4 |
Germany |
171 |
Dieter Schwarz |
$41 billion |
|
5 |
Russia |
140 |
Vagit Alekperov |
$28.7 billion |
|
6 |
Canada |
76 |
Changpeng Zhao |
$62.9 billion |
|
7 |
Italy |
74 |
Giovanni Ferrero |
$38.2 billion |
|
8 |
Hong Kong* |
66 |
Li Ka-shing |
$38.9 billion |
|
9 |
Brazil |
56 |
Eduardo Saverin |
$34.5 billion |
|
10 |
United Kingdom |
55 |
Michael Platt |
$18.8 billion |
The global billionaire landscape is dominated by five countries: the United States, China, India, Germany, and Russia.
The US leads with 902 billionaires, driven by tech and innovation, with Elon Musk ($342B) exemplifying this dominance.
China has 450 billionaires, led by Zhang Yiming ($65.5B) of ByteDance. India is seeing rapid growth with 205 billionaires, fueled by digital expansion and industry, led by Mukesh Ambani ($92.5B) of Reliance Industries.
Germany’s 171 billionaires stem from industrial and retail giants like Dieter Schwarz ($41B) of Lidl.
Russia relies on resource wealth with 140 billionaires, led by Vagit Alekperov ($28.7B), former Lukoil chief.
