The sixth edition of the Wealth-X Billionaire Census reveals that global billionaire wealth declined by 7% in 2018 after reaching record levels the previous year, and the billionaire population also declined by 5.4% in 2018 to 2,604 individuals.
According to the Wealth-X Billionaire Census 2019, many global factors contributed to this fall in global wealth, including a slowdown in global growth, persistent trade tensions and a late-year slump in equity markets.
A related strengthening of the US dollar encouraged capital outflows from emerging markets, triggering currency volatility and risk aversion.
In all, there are 1,942 billionaires in the top 15 countries with the financial worth of $6.8 trillion, which accounts for 79 percent of total global billionaire wealth in 2018.
Here are therefore the top 15 countries with the most billionaires in 2019:
1. The United States Number of billionaires:
705 Total billionaire wealth: $3,013 billion Richest Individual:
Jeff Bezos ($118 billion)
2.China Number of billionaires:
285 Total billionaire wealth: $996 billion Richest Individual:
Jack Ma ($41.8 billion)
3. Germany Number of billionaires:
146 Total billionaire wealth:
$442 billion Richest Individual:
Dieter Schwarz ($23.6 billion)
4. Russia Number of billionaires:
102 Total billionaire wealth:
$355 billion Richest Individual:
Leonid Mikhelson ($21.6 billion)
Kenya cant event account for even 0.001 % of the metrics.