India ranks 11th in the world on the list of highest number of billionaires

Aug 12 2018 03:43 PM
India ranks 11th in the world on the list of highest number of billionaires

Have you wondered how many billionaires are there in the world? A list has been issued about this. In the case of billionaires, India is ranked 11th in the world. The Knight Frank LLP Agency has released a report based on data obtained from Wealth X. According to the report, India has 200 billionaires. According to the report, the top 10 countries include America, China, Germany, Japan, Hong Kong, Canada, Switzerland, France, Russia, UK. There is a big difference in the number of Chinese and billionaires in the US and second-placed China. 

There are more than 1,340 billionaires in the US in comparison to China. The number of billionaires in America is 1,830. Between 2016 and 2017, the number of billionaires has grown in Hong Kong (23 per cent). There is less than four per cent of billionaires in the UK. Between 2016 and 2017, 18 per cent of billionaires increased in India. 

According to the report, most people with assets of $ 500 million live in the North American continent. Most of them live in the United States and Canada with 31.8 per cent. This is followed by Asia with 28.1 per cent and then Europe which is 25.4 per cent.

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