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Indonesia Ranks Among the Top 20 Countries with the Most Billionaires in the World
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Dream - In 2023, there are 2,640 billionaires who made it to Forbes' list of the richest people in the world, coming from 77 countries and territories worldwide.
There are two new additions from Panama and Armenia, each adding one billionaire. Meanwhile, the United States (US) remains home to the most billionaires, with 735 registered individuals. This number remains the same as last year.Â
However, the US is no longer home to the world's richest person, luxury goods tycoon Bernard Arnault, a French citizen, has taken over Elon Musk's position. Nevertheless, the US still has 17 out of the top 25 richest people in the world.
Overall, the wealth of US billionaires is valued at US$4.5 trillion, down from US$4.7 trillion last year.
Next is China, the second country with the most billionaires in the world, with 495 individuals (excluding Hong Kong and Macau residents). With a collective wealth of US$1.67 trillion, down from US$1.96 trillion in 2022, when China had 539 billionaires.
Furthermore, India has the third most billionaires, with 169 registered individuals. The total value of their wealth is US$675 billion, down from US$75 billion in 2022.
The biggest reason for this decline can be traced to one of the biggest wealth destructions in history, Gautam Adani, Chairman of the Adani Group conglomerate.
His net worth plummeted from US$90 billion last year to US$47.2 billion in Forbes' 2023 ranking.
Meanwhile, Germany has the fourth highest number of billionaires, with 126 wealthy individuals, down from 134 last year.
The richest person in Germany is Dieter Schwarz (estimated net worth of US$42.9 billion), who owns the Schwarz Group supermarket chain that generates annual sales of over US$140 billion.
As for Russia, it follows closely as the fifth country with the most billionaires in the world.
Despite wars and Western sanctions, Russian billionaires have surpassed other world's wealthiest individuals this year, as most of the country's richest people have recovered from the losses they suffered after the invasion of Ukraine.
Russia counts 105 billionaires this year with a combined net worth of US$474 billion, up from 83 individuals with a combined wealth of US$320 billion last year.
Indonesia itself has 29 billionaires listed by Forbes, a decrease of 1 compared to 2022. This places Indonesia in the 20th position on Forbes' list of countries with the most billionaires in the world.
Here is the list of the top 20 countries with the most billionaires in the world, as compiled by Forbes:
1. United States: 735 individuals
2. China: 495 individuals
3. India: 169 individuals
4. Germany: 126 individuals
5. Russia: 105 individuals
6. Hong Kong: 66 individuals
7. Italy: 64 individuals
8. Canada: 63 individuals
9. Taiwan: 52 individuals
10. United Kingdom: 52 individuals
11. Brazil: 51 individuals
12. Australia: 47 individuals
13. France: 43 individuals
14. Switzerland: 41 individuals
15. Japan: 40 individuals
16. Sweden: 39 individuals
17. Singapore: 35 individuals
18. South Korea: 30 individuals
19. Israel: 30 individuals
20. Indonesia: 29 individuals.
Disclaimer: This translation from Bahasa Indonesia to English has been generated by Artificial Intelligence.
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