Countries That Have Added The Most New Billionaires Over The Past 10 Years

Countries That Have Added The Most New Billionaires Over The Past 10 Years

If there is an adage that is always true, no matter what happens in the world, it is that the rich continue to get rich. This has certainly been true in the decade since 2010, when the whole world had just emerged from the devastation of the global financial crisis. Over the past 10 years, the economy has rebounded, the stock market has skyrocketed, and the wealthy have grown wealthy. Many new billionaires have been hit, particularly in technology and real estate. Since 2010, the number of billionaires worldwide has more than doubled, from 1,011 to 2,095. The collective net worth of billionaires worldwide is approximately $ 8 trillion.

China has won the most billionaires in the past decade. Mainland China had 64 billionaires in 2010. Today, they have 389. Thailand had three billionaires in 2010. Today, they have 20. Asian countries, in general, have experienced a sharp increase in the number of billionaires. In addition to those already mentioned, Singapore has grown from four to 26 billionaires and India has seen an increase of 108% compared to 2010. There were 102 billionaires in India in 2020. European countries also resisted well, notably France, Italy, Switzerland and Germany. There were 18 countries that did not have billionaires to claim in 2010 and who do so today.

The United States recorded the second-largest increase in the number of American billionaires. Notable newcomers in the past 10 years include MacKenzie Bezos, Kylie Jenner and founder of Epic Games (Fortnite) Tim sweeney.

Ari Perilstein / Getty Images

However, it was not only the sun and roses and increased wealth everywhere. Ten countries have seen the number of billionaires within their borders decrease, notably Belgium, Saudi Arabia and New Zealand.

Here are the 10 countries that have added the most billionaires this decade.

#ten. Italy

Total number of billionaires in 2010: 13

Total number of billionaires in 2020: 36

# 9. Switzerland

Total number of billionaires in 2010: 35

Total number of billionaires in 2020: 11

# 8. Brazil

Total number of billionaires in 2010: 18

Total number of billionaires in 2020: 45

# 7. France

Total number of billionaires in 2010: 12

Total number of billionaires in 2020: 39

# 6. Russia

Total billionaires in 2010: 61

Total number of billionaires in 2020: 99

# 5. Hong Kong

Total number of billionaires in 2010: 25

Total number of billionaires in 2020: 66

# 4. India

Total number of billionaires in 2010: 49

Total number of billionaires in 2020: 102

# 3. Germany

Total billionaires in 2010: 52

Total billionaires in 2020: 107

# 2. United States

Total billionaires in 2010: 404

Total billionaires in 2020: 614

# 1. China

Total billionaires in 2010: 64

Total number of billionaires in 2020: 389

 

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