Switzerland was the country with the highest rate of millionaires worldwide in 2021, with 16.4percent of the adult population owning assets worth more than one million U.S. dollars. Luxembourg followed right behind with 16.2 percent of the population being millionaires, with Iceland in third.
Top 10 Countries With The Most Billionaires 2022. As of 2021, the US is home to the highest number of billionaires in the world with 724, followed by China with 698 billionaires and India with 237 billionaires, as per Forbes. TraceWho Are G-20 Member Countries?
The United States tops the list of countries with the largest number of billionaires. Forbes estimates that 735 of the world's 2,578 billionaires are American citizens. The minimum wage in the US is $7.25 an hour.
Rockefeller is often cited as the world's first billionaire, achieving that status in 1916 largely through his ownership of Standard Oil.
half of the world's net wealth belongs to the top 1%, top 10% of adults hold 85%, while the bottom 90% hold the remaining 15% of the world's total wealth, top 30% of adults hold 97% of the total wealth.
The overall ranking of Best Countries measure global performance on a variety of metrics. Switzerland is the best country in the world for 2022.
#1: New York. New York is the wealthiest city in the world—home to 345,600 millionaires with a total private wealth that exceeds $3 trillion. New York is home to many Fortune 500 companies and is the financial heart of the United States, with the New York Stock Exchange and NASDAQ located in the Big Apple.
Australia had over 176 thousand millionaires in 2020, an increase in the number of millionaires from the previous year. This was estimated to grow to over 215 thousand millionaires in the country by 2025.
Unsurprisingly, New York sits at the very top of the list, with 345,600 high-net-worth individuals. Tokyo (304,900 HNWIs) and the Bay Area (276,400 HNWIs) came in second and third, respectively. The top five were rounded out by London (272,400 HNWIs) and Singapore (249,800 HNWIs).
1. Bernard Arnault & family. Bernard Arnault is the CEO and Chair of LVMH (Moët Hennessy Louis Vuitton) and his net worth is $198.4 billion, meaning Elon Musk was overtaken as the world's richest man in 2022.
The UAE is the third-richest country in the world, below Luxembourg at number two and Qatar at number one, with a GDP per capita of $57,744. The bulk of its money comes from the production of goods and provision of services related to petroleum, petrochemicals, aluminium and cement.
Dubai continued to become a dynamic and diversified economy with revenue generated through different streams. Most of the city's GDP is non-oil based, contrary to the popular belief. The majority of its money comes from the production of goods, provision of services and Tourism.
For the fifth year in a row, Finland is the world's happiest country, according to World Happiness Report rankings based largely on life evaluations from the Gallup World Poll.
47% of the world lives on less than $6.85 per day – a poverty line broadly reflective of the lines adopted in upper-middle income countries. 84% live on less than $30 per day – a poverty line broadly reflective of the lines adopted in high income countries.