Top 10 countries of residence for billionaires

wzinfra.com | Updated: 2020-03-26 06:40

Hurun Research Institute released the Hurun Global Rich List 2020, a ranking of the US dollar billionaires in the world on Feb 26.

According to the 2020 list, there are 2,816 billionaires in world, up 346 from last year and up 727, or 35 percent, from five years ago.

The report said wealth hits new records, again: Total wealth rose 16 percent to $11.2 trillion, rebounding after a 9 percent decrease last year, and 66 percent up compared to five years ago. Hoogewerf, founder and chief researcher of the Hurun Research Institute, said, "The Hurun Global Rich List could be the third-largest country in the world, with total wealth equal to more than the GDP of any country other than the USA and China. The top 10 have a staggering $1 trillion."

This year, China has 182 new faces on the list, despite trade conflicts, three times that of the US with 59 new faces.

In terms of where they live, the "Big Two" are Greater China and the US with 799 and 626 billionaires respectively, making up over half of the billionaires on the planet.

Let's take a look at the 10 countries most billionaires choose to live in.

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