Top 10 countries with the most billionaires in 2025: Where does India rank?

Billionaires per country, world rankings 2025: The top three countries - the US, China, and India, account for over 50% of all billionaires (and billionaire wealth), whereas 17 other countries each possess only one citizen in the three-comma club.

Top 10 Countries with the Most Billionaires in 2025 (Source: Canva)

Countries with the most billionaires in 2025: The world today is populated by high-net-worth individuals with extraordinary wealth, emerging as a significant aspect of global wealth distribution. It is more pronounced than ever with Forbes highlighting over 3,000 billionaires across 78 countries worldwide in 2025, having a combined net worth of $16.1 trillion.

Undoubtedly, nearly a third of the billionaire citizens in 2025 hail from the United States of America, with a record 902 American billionaires with a combined net worth of $6.8 trillion, an increase from 813 last year.

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Where the world billionaires are in 2025 (Source Forbes)

Where will the world’s billionaires be in 2025?A world map showcasing the billionaire population worldwide (Source: Forbes)

The top five billionaire list of 2025 is dominated by American leaders – with Tesla’s Elon Musk reclaiming the top position from France-based LVMH’s Bernard Arnault, Mark Zuckerberg of Meta, Amazon’s Jeff Bezos, and Larry Ellison of Oracle (trailing behind Arnault).

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Following the US, China has the second-highest number of billionaires, with 450 on this year’s list and a combined worth of $1.7 trillion, retaining its rank from last year. Zhong Shanshan emerged as China’s richest person in March 2025, after ByteDance repurchased shares, which led to an increase in Zhang’s fortune.

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Albania’s first-ever billionaire, Samir Mane, a newcomer with a $1.4 billion fortune, has featured in the list; on the contrary, Uruguay, Panama, and Bangladesh lost their billionaire population.

Top 10 billionaire countries in the world (2025):

While all the 78 countries and territories ranked have at least one billionaire citizen in 2025, it’s important to note that the global distribution of affluence is far from equitable.

The top three countries account for over 50% of all billionaires (and billionaire wealth), whereas 17 other countries each possess only one citizen in the three-comma club.

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Enlisted below is an overview of the top 10 countries with the most billionaires in 2025.

Rank	Country	Total Billionaires	Total Net Worth	Richest Person	Billionaire Net Worth
1	United States	902	$6.8T	Elon Musk	$342B
2	China	450	$1.7T	Zhang Yiming	$65.5B
3	India	205	$941B	Mukesh Ambani	$92.5B
4	Germany	171	$793B	Dieter Schwarz	$41B
5	Russia	140	$580B	Vagit Alekperov	$28.7B
6	Canada	76	$359B	Changpeng Zhao	$62.9B
7	Italy	74	$339B	Giovanni Ferrero	$38.2B
8	Hong Kong*	66	$335B	Li Ka-Shing	$38.9B
9	Brazil	56	$212B	Eduardo Saverin	$34.5B
10	United Kingdom	55	$238B	Michael Platt	$18.8B

Source: Forbes Billionaires List 2025

Please note: The net worth figures are current as of March 2025, and are subject to change. | *Hong Kong is an autonomous territory of China.

Where does India rank globally in 2025?

The world’s most populous country, India, continues to rank third, with a total of 205 billionaires, a slight increase from 200 last year, and a combined worth of $941 billion, which represents a decline from $954 billion last year.

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This has been largely due to the decline in the net worth of India’s two richest individuals – Mukesh Ambani and Gautam Adani – which has also affected their rankings, pushing them out of Bloomberg’s $100B club last year.

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Cherry Gupta

Cherry Gupta is an Assistant Manager – Content at The Indian Express. She leads the Top 10 section, curating list-based features on key national and international developments, and manages daily news content. She also produces SEO-driven articles and collaborates with the Lifestyle team to conduct interviews with notable artists and write workplace culture features. ... Read More

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