There are over 1,500 billionaires in the world — here's where they all live
pulse.ng Oct 27, 2017 1:07 AM
The US maintains the world's largest concentration of billionaire wealth — but Asia is quickly catching up.

There are 1,542 billionaires in the world, according to a new report by UBS.
More than 560 billionaires live in the US — the most of any country — and they control the most wealth.
If current trends continue, the total wealth of Asia's billionaires could overtake US billionaires in four years.
The number of commas in your net worth is a status symbol, and Americans have serious bragging rights.

According to a new report from Switzerland-based bank UBS, the US is home to the most billionaires — and billionaire wealth — of any country in the world.

But China and India are catching up quickly.

Three-fourths of the world's newly-minted billionaires from 2016 are from China and India, according to UBS. The countries added 67 and 16, respectively, to their total billionaire count.

If these trends continue, it will take only four years for the total wealth of Asia's billionaires to overtake US billionaires, according to UBS.

But for now, the US maintains the world's largest concentration of billionaire wealth. A total of 563 American billionaires control $2.8 trillion, up from $2.4 trillion last year.

Keep reading to find out the top 14 countries with the most billionaires, and how many live there.

14. Singapore: 21 billionaires

13. Spain: 25 billionaires

12. Turkey: 29 billionaires

11. Japan: 33 billionaires

10. Switzerland: 35 billionaires

9. France: 39 billionaires

8. Italy: 42 billionaires

7. United Kingdom: 55 billionaires

6. Hong Kong: 69 billionaires

5. Russia: 96 billionaires

4. India: 100 billionaires

3. Germany: 117 billionaires

2. China: 318 billionaires

1. United States: 563 billionaires



Warren Buffett is a legendary investor and the chairman of Berkshire Hathaway and is worth $81.6 billion. (Paul Morigi / Stringer / Getty Images)

kidnappers writing down addresses

op... you forgot mine
the poster below.... he wears Gucci doesn't make him a billionaire.... even Gucci mane no dey the lise

How about nigeria..
The billonaire gucci boy.

Abeg erase this one. E no join

non live in Africa ? what abt Dangote ?

Op, that list is fake without nigeria infact if US has .6k billionaires that means nigeria is more than them cus only our politcians will give u more than that.

Mehn rhythm FM just dey play sweet songs this night

And thank u to BEDC for the light

mompha and hush not there?

Shout out to my mentor Warren Buffet. We're coming right behind you sir.
I just need to know if it's really important to get your own business or just continue investing and growing your wealth.