20 countries with the most billionaires in 2016

Despite of it’s economic slowdown, China is home to the largest number of billionaires in the world, according to Hurun Report which recently released the Global Rich List 2016, a ranking of the US dollar billionaires. Report reveals that there are 568 billionaires living in China compared with the 535 in the United States. Meanwhile, India with 111 billionaires comes in third place.

If all the wealth of these Chinese billionaires is combined, it is equivalent to Australia’s GDP, with a net worth amounting to $1.4 trillion (£1.01 trillion).

The 20 countries with the most billionaires in 2016, China topped the list with a billionaire population of 568.

20. Sweden

Number of billionaires in 2015: 12
Number of billionaires in 2016: 16

19. Philippines

Number of billionaires in 2015: 16
Number of billionaires in 2016: 16

18. Spain

Number of billionaires in 2015: 19
Number of billionaires in 2016: 21

17. Thailand

Number of billionaires in 2015: 23
Number of billionaires in 2016: 26

16. Australia

Number of billionaires in 2015: 28
Number of billionaires in 2016: 30

15. South Korea

Number of billionaires in 2015: 33
Number of billionaires in 2016: 31

14. Singapore

Number of billionaires in 2015: 26
Number of billionaires in 2016: 32

13. Turkey

Number of billionaires in 2015: 33
Number of billionaires in 2016: 34

12. Canada

Number of billionaires in 2015: 39
Number of billionaires in 2016: 35

11. Italy

Number of billionaires in 2015: 27
Number of billionaires in 2016: 37

10. Japan

Number of billionaires in 2015: 45
Number of billionaires in 2016: 42

9. Brazil

Number of billionaires in 2015: 56
Number of billionaires in 2016: 49

8. France

Number of billionaires in 2015: 46
Number of billionaires in 2016: 51

7. Switzerland

Number of billionaires in 2015: 60
Number of billionaires in 2016: 66

6. Russia

Number of billionaires in 2015: 93
Number of billionaires in 2016: 80

4. United Kingdom (TIE)

Number of billionaires in 2015: 80
Number of billionaires in 2016: 82

4. Germany (TIE)

Number of billionaires in 2015: 72
Number of billionaires in 2016: 82

3. India

Number of billionaires in 2015: 97
Number of billionaires in 2016: 111

2. United States

Number of billionaires in 2015: 537
Number of billionaires in 2016: 535

1. China

Number of billionaires in 2015: 478
Number of billionaires in 2016: 568