Top countries for billionaires Where are the wealthiest people - TopicsExpress



          

Top countries for billionaires Where are the wealthiest people on the planet? These 15 economies boast the highest number of people whose net worth exceeds $1 billion, according to Wealth-X and UBS Billionaire Census 2013. No. of billionaires : 515 Total net worth (2013) : $2,064 billion Land of the free, home of the billionaires? Nearly a quarter of the worlds wealthiest -- those with more than $1 billion in assets -- are based in the U.S., according to 2013 data from Wealth-X and UBS Billionaire Census 2013. And if you look a little lower on the wealth ladder, at folks worth $30 million or more, Americans account for a whopping 32% of the worlds super rich. American women hold a lot of that wealth: $1.2 trillion worth of assets, more than ultra-wealthy women in any other country. So where in the states are the richest Americans? Californias golden shores account for 20% of the countrys super rich, and their numbers are growing. New York and Texas also rank high. CHINA 2 No. of billionaires : 157 Total net worth (2013) : $384 billion Chinas growth has slowed recently, but it remains a hotspot for billionaires. The country added 10 new billionaires over the last year. That number might have been even higher, but some wealthy residents decided to take their money beyond the mainland recently -- giving Hong Kong and other Asian cities a boost. The moves were apparently sparked by concerns about Chinas ongoing credit crunch and a recent anti-corruption campaign that targeted luxury spending, according to Wealth-X. To be ultra rich in China, think manufacturing. A full 17% of the countrys wealthiest, those with $30 million or more in assets, derived their wealth from that sector.
Posted on: Wed, 11 Jun 2014 02:01:02 +0000

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