This is where the world’s richest billionaires live

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LONDON: There are around 2,604 billionaires in the world, according to a report by Wealth-X, a financial research firm.

The Wealth-X Billionaire Census 2019 shows that the vast majority of the ultra-high-net-worth individuals live in the U.S.

The richest billionaires of the world have a total wealth of over $6 trillion, twice the value of the mineral wealth of Afghanistan.

As part of the Afghanistan Enterprise Council publications, we highlight the top 5 countries and top 5 cities where the world’s richest billionaires live in this article.

Top 5 countries with most billionaires: 

1. United States

Number of billionaires: 705
Total wealth: $3.013 trillion

2. China

Number of billionaires: 285
Total wealth: $996 billion

3. Germany

Number of billionaires: 146
Total wealth: $442 billion

4. Russia

Number of billionaires: 102
Total wealth: $355 billion

5. United Kingdom

Number of billionaires: 97
Total wealth: $209 billion

Top 5 cities with most billionaires: 

1. New York: 105 billionaires

2. Hong Kong: 87 billionaires

3. San Francisco: 75 billionaires

4. Moscow: 70 billionaires

5. London: billionaires 65

The report found that between 2017 and 2018, the global population of 10-figure individuals declined 5.4% to 2,604. In 2018, more than half of billionaires were between the ages of 50 and 70, 55.8% self-made their wealth and 88.3% were male.