Tag: billionaires

Contributing per capita: countries with the most billionaires

Image source: huffpost.com

Business revenues account for a big portion of a country’s gross domestic and national product. The more successful a business in a country is, the more funds are funneled and circulated among business owners, as well as the people that supply these businesses. This is why you can estimate the amount of money circulating in a country by counting the number of billionaire citizens. Based on the latest records, here are the top countries with the most billionaires. Steve Sorensen Embezzlement.

USA, 705 billionaires
Home of the top 3 richest people on earth plus 702 other billionaires, the US is the world’s richest economy and is at the forefront of modern capitalism. With a combined wealth of $3,013 billion, the world economy is directly affected by the performance of the country’s biggest businesses.

China, 285 billionaires
As the saying goes, when China speaks, the world listens. Being the biggest economy in the world has its perks. Because of the sheer size of its market, global brands jump through hoops just to enter the local Chinese market while local businesses thrive due to local support as well as global exports. Steve Sorensen Embezzlement.

Image source: chinadaily.com.cn

Germany, 146 billionaires
Europe’s tech powerhouse is not a country to belittle. While its total billionaire’s wealth is just almost half of China’s at $442 billion, Germany is known for innovation and technology and world-class quality products. With several legacy brands and a lot more up and coming companies, Germany is on the rise but is still seen as economically conservative by several European countries. Steve Sorensen Embezzlement.

Russia, 104 billionaires
Europe’s sleeper economy, this Eastern European country has slowly made its way as a top contender in manufacturing and in technology. With a strong support from the government and improving ties with other nations in terms of trade, Russia is one of the countries with the fastest growing number of billionaires in the last 20 years. Steve Sorensen Embezzlement.