There are over 1,500 billionaires worldwide — here are the 14 countries where the world’s richest people live

    There are 1,542 billionaires in the world, according to a new report by UBS. More than 560 billionaires live in the US – the most of any country – and they control the most wealth. If current trends continue, the total wealth of Asia’s billionaires could overtake US billionaires in four years.

The number of commas in your net worth is a status symbol, and Americans have serious bragging rights. According to a new report from Switzerland-based bank UBS, the US is home to the most billionaires – and billionaire wealth – of any country in the world. But China and India are catching up quickly.

Three-fourths of the world’s newly minted billionaires from 2016 are from China and India, according to UBS. The countries added 67 and 16, respectively, to their total billionaire count.

If these trends continue, it will take only four years for the total wealth of Asia’s billionaires to overtake US billionaires, according to UBS. But for now, the US maintains the world’s largest concentration of billionaire wealth. A total of 563 American billionaires control $2.8 trillion, up from $2.4 trillion last year.

Keep reading to see the top 14 countries with the most billionaires and how many live there.


14. Singapore: 21 billionaires

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Wee Cho Yaw is the largest shareholder and chairman emeritus of United Overseas Bank and has a net worth of $8 billion.
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REUTERS/Tim Chong (SINGAPORE)

13. Spain: 25 billionaires

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Amancio Ortega is the founder and former chairman of Inditex fashion group and has a net worth of $77.8 billion.
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Getty Images / Xurxo Lobato

12. Turkey: 29 billionaires

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Ferit F. Sahenk is the chairman of Doğuş Holding and has a net worth of $2.2 billion.
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Monika Flueckiger/World Economic Forum/Wikimedia Commons

11. Japan: 33 billionaires


10. Switzerland: 35 billionaires

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Ernesto Bertarelli inherited drug manufacturer Serono and has a net worth of $15.7 billion.
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Manuel Queimadelos Alonso/Getty Images

9. France: 39 billionaires


8. Italy: 42 billionaires

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Giovanni Ferrero controls candy company Ferrero Group and has a net worth $23.3 billion.
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REUTERS/Giorgio Perottino

7. United Kingdom: 55 billionaires


6. Hong Kong: 69 billionaires


5. Russia: 96 billionaires

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Alexey Mordashov is the main shareholder and chairman of steelmaker Severstal and has a net worth of $19.1 billion
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Maxim Shevetov/Reuters

4. India: 100 billionaires

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Mukesh Ambani is chairman, managing director, and largest shareholder of Reliance Industries Limited and has a net worth of $40 billion.
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Reuters/Amit Dave

3. Germany: 117 billionaires


2. China: 318 billionaires

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Wang Jianlin is the chairman and founder of Dalian Wanda Group and has a net worth of $28.2 billion.
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Reuters/Tyrone Siu

1. United States: 563 billionaires

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Warren Buffett is a legendary investor and the chairman of Berkshire Hathaway and is worth $81.6 billion.
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Paul Morigi / Stringer / Getty Images