There are over 3,000 billionaires globally, tripling in number over 15 years. The COVID-19 pandemic accelerated the concentration of wealth, with the ten richest men doubling their fortunes. Billionaires make up 1.7% of worldwide wealth, but some countries report over 4.0% concentration. One individual billionaire owns 18.9% of a nation's wealth. Countries with significant billionaire wealth often exhibit high inequality and favorable tax laws. Data on billionaire wealth is sourced from World Bank and Forbes. The list ranks nations based on the percentage of domestic wealth owned by billionaires.
Billionaires as a group now account for 1.7% of total wealth worldwide, but in certain countries, this figure can exceed 4.0%, showing significant wealth concentration.
Notably, in one country, a single billionaire holds an astounding 18.9% of all domestic wealth, illustrating extreme wealth inequality.
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