Do you know who the wealthiest person in France is? Would you be surprised to know that they currently hold the title of the world’s richest person? The wealthiest people in America always seem to be making headlines, but it’s not too often we hear about the richest people in other countries around the world. To learn more about the billionaires that currently have the highest net worth in their countries, the research team at Madison Trust collected data from the Forbes Real-Time Billionaires List to create a visual that highlights the richest person in every country along with the source of their vast net worth. The 76 countries that had data available were then ranked by the net worth of their richest person. The net worths included in the study are from March 7, 2023; a billionaire’s net worth is constantly fluctuating, and the Real-Time Billionaires List is continuously updated throughout each trading day for the most accurate information. Explore our list of the world’s richest people below to see how the wealthiest person in each country stacks up.
Who Is the Richest Person in the World?
The richest person in the world is Bernard Arnault; he and his family have a net worth of $214.4 billion as of March 2023. Arnault has earned his vast wealth as the founder, chairman, and CEO of LVMH, a beauty empire that includes more than 70 cosmetics and fashion brands, including Louis Vuitton, Bulgari, Sephora, Christian Dior, and many more. Arnault got his start in the luxury goods industry when he bought Christian Dior in 1985 for $15 million, using money from his father’s successful construction business.
How long has Arnault been the world’s richest person? Arnault briefly held the status of richest person in the world in December 2019 and again in January 2020, but the pandemic caused his net worth to shrink as sales of luxury goods dropped. He regained his status as the world’s most richest person in August 2021 when LVMH’s luxury products saw a huge jump in sales in China and other Asian countries. Since then, he has moved between the top three spots along with Elon Musk and Jeff Bezos. Which country does the wealthiest person in the world hail from? Arnault is French, giving France the top spot on our list of countries ranked by the net worth of their richest person. The following list of richest people in the world includes the top ten countries on our ranked list.
The 10 Countries With the Richest People
- France: Bernard Arnault and family, $214.4 billion
- United States: Elon Musk, $186.1 billion
- Mexico: Carlos Slim Helu and family, $92.7 billion
- India: Mukesh Ambani, $86.5 billion
- Spain: Amancio Ortega, $76.9 billion
- China: Zhong Shanshan, $67.2 billion
- Canada: David Thomson and family, $55.2 billion
- Germany: Klaus-Michael Kuehne, $38.7 billion
- Hong Kong: Li Ka-shing, $38.5 billion
- Italy: Giovanni Ferrero, $35.3 billion
Who Is the Richest Person in America?
The richest person in America is Elon Musk, with a net worth of $186.12 billion as of March 2023. Musk earned this colossal net worth from the multiple companies that he has co-founded, especially electric car company Tesla and spacecraft company SpaceX. Musk also co-founded the Boring Company, an infrastructure and tunnel construction services company, and he purchased social media giant Twitter in October 2022. Musk was finally able to overtake Jeff Bezos as the richest person in the U.S. in September 2021 after Bezos had held the title for the previous four years. Musk has also held the title of wealthiest person in the world multiple times as he and his fellow billionaires’ net worths continue to fluctuate. He regained the title from Arnault at the end of February 2023, but Arnault’s recent surge in net worth put him back on top the following month.
How Many Billionaires Are in the World?
According to the Real-Time Billionaires List created by Forbes and is updated throughout each trading day, there are just more than 2,400 people in the world with net worths of $1 billion or more as of March 2023. How many countries have billionaires? Through their research, our team found that 76 countries around the world have at least one person with a net worth of $1 billion or more.
How have the (richest people in every country) made so much money? One way that wealthy people make their money work for them is through investing. There are a variety of different types of investment opportunities available, with something for every type of investor. If you prefer to invest in something tangible like gold or other precious metals, learn more about how a Self-Directed Gold IRA can help you achieve your financial goals. If investing in real estate is more your style, we can help streamline the real estate investment process, making it easier than ever!
76 Countries Ranked by the Net Worth of Their Wealthiest Person
|
|
Country |
Name |
Ranking on Forbes Real-Time Billionaires List |
Net Worth (in Billions USD) as of March 7, 2023 |
Source of Net Worth |
|
1 |
France |
Bernard Arnault and family |
1 |
$214.4 |
LVMH |
|
2 |
United States |
Elon Musk |
2 |
$186.1 |
Tesla, SpaceX |
|
3 |
Mexico |
Carlos Slim Helu and family |
7 |
$92.7 |
telecom |
|
4 |
India |
Mukesh Ambani |
8 |
$86.5 |
diversified |
|
5 |
Spain |
Amancio Ortega |
13 |
$76.9 |
Zara |
|
6 |
China |
Zhong Shanshan |
15 |
$67.2 |
beverages, pharmaceuticals |
|
7 |
Canada |
David Thomson and family |
22 |
$55.2 |
media |
|
8 |
Germany |
Klaus-Michael Kuehne |
28 |
$38.7 |
shipping |
|
9 |
Hong Kong |
Li Ka-shing |
29 |
$38.5 |
diversified |
|
10 |
Italy |
Giovanni Ferrero |
34 |
$35.3 |
Nutella, chocolates |
|
11 |
Japan |
Tadashi Yanai and family |
39 |
$32.5 |
fashion retail |
|
12 |
Australia |
Gina Rinehart |
44 |
$29.1 |
mining |
|
13 |
Russia |
Andrey Melnichenko and family |
52 |
$26.1 |
fertilizers, coal |
|
14 |
Indonesia |
Low Tuck Kwong |
54 |
$25.7 |
coal |
|
15 |
Chile |
Iris Fontbona and family |
61 |
$23.4 |
mining |
|
16 |
Switzerland |
Gianluigi and Rafaela Aponte |
93 |
$16.7 |
Shipping |
|
17 |
Brazil |
Vicky Safra |
94 |
$16.6 |
banking |
|
18 |
Czechia |
Renata Kellnerova and family |
97 |
$16.5 |
finance, telecommunications |
|
19 |
Sweden |
Stefan Persson |
99 |
$16.5 |
H&M |
|
20 |
Singapore |
Li Xiting |
100 |
$16.3 |
medical devices |
|
21 |
United Kingdom |
James Ratcliffe |
109 |
$15.3 |
chemicals |
|
22 |
Thailand |
Charoen Sirivadhanabhakdi |
110 |
$15.3 |
alcohol, real estate |
|
23 |
United Arab Emirates |
Pavel Durov |
113 |
$15.1 |
messaging app |
|
24 |
Cyprus |
John Fredriksen |
117 |
$14.8 |
shipping |
|
25 |
Israel |
Eyal Ofer |
119 |
$14.6 |
real estate, shipping |
|
26 |
Netherlands |
Charlene de Carvalho-Heineken and family |
121 |
$14.6 |
Heineken |
|
27 |
Nigeria |
Aliko Dangote |
129 |
$13.9 |
cement, sugar |
|
28 |
Malaysia |
Robert Kuok |
142 |
$12.2 |
palm oil, shipping, property |
|
29 |
South Africa |
Johann Rupert and family |
153 |
$11.3 |
luxury goods |
|
30 |
Belgium |
Eric Wittouck |
209 |
$9.0 |
investments |
|
31 |
New Zealand |
Graeme Hart |
215 |
$8.8 |
investments |
|
32 |
Philippines |
Manuel Villar |
223 |
$8.6 |
real estate |
|
33 |
Monaco |
Stefano Pessina |
231 |
$8.4 |
drugstores |
|
34 |
South Korea |
Jay Y. Lee |
243 |
$8.2 |
Samsung |
|
35 |
Taiwan |
Zhang Congyuan |
250 |
$8.1 |
shoes |
|
36 |
Austria |
Georg Stumpf |
270 |
$7.9 |
real estate, construction |
|
37 |
Denmark |
Anders Holch Povlsen |
300 |
$7.3 |
fashion retail |
|
38 |
Egypt |
Nassef Sawiris |
304 |
$7.3 |
construction, investments |
|
39 |
Ireland |
Patrick Collison |
336 |
$6.9 |
payment software |
|
40 |
Eswatini |
Nathan Kirsh |
378 |
$6.6 |
retail, real estate |
|
41 |
Colombia |
Luis Carlos Sarmiento |
392 |
$6.3 |
banking |
|
42 |
Poland |
Michal Solowow |
402 |
$6.2 |
investments |
|
43 |
Norway |
Andreas Halvorsen |
422 |
$5.9 |
hedge funds |
|
44 |
Ukraine |
Rinat Akhmetov |
430 |
$5.7 |
steel, coal |
|
45 |
Argentina |
Marcos Galperin |
490 |
$5.3 |
e-commerce |
|
46 |
Turkey |
Ibrahim Erdemoglu |
493 |
$5.3 |
carpet |
|
47 |
Georgia |
Bidzina Ivanishvili |
556 |
$4.8 |
investments |
|
48 |
Portugal |
Maria Fernanda Amorim and family |
582 |
$4.6 |
energy, investments |
|
49 |
Kazakhstan |
Vladimir Kim |
590 |
$4.6 |
mining |
|
50 |
Algeria |
Issad Rebrab and family |
591 |
$4.6 |
food |
|
51 |
Venezuela |
Juan Carlos Escotet |
647 |
$4.3 |
banking |
|
52 |
Finland |
Antti Herlin |
669 |
$4.2 |
elevators, escalators |
|
53 |
Vietnam |
Pham Nhat Vuong |
701 |
$4.0 |
diversified |
|
54 |
Belize |
Kenneth Dart |
849 |
$3.3 |
investments |
|
55 |
Greece |
Aristotelis Mistakidis |
906 |
$3.2 |
mining, commodities |
|
56 |
Lebanon |
Najib Mikati |
1,078 |
$2.8 |
telecom |
|
57 |
Oman |
Suhail Bahwan |
1,125 |
$2.7 |
diversified |
|
58 |
Iceland |
Thor Bjorgolfsson |
1,188 |
$2.5 |
investments |
|
59 |
Guernsey |
Stephen Lansdown |
1,320 |
$2.3 |
financial services |
|
60 |
Liechtenstein |
Christoph Zeller |
1,331 |
$2.2 |
dental materials |
|
61 |
Romania |
Ion Tiriac |
1,485 |
$2.0 |
banking, insurance |
|
62 |
Bulgaria |
LiechtensteinGeorgi Domuschiev & Kiril Domuschiev (tied) |
1,492 |
$2.0 |
animal health, investments |
|
63 |
Zimbabwe |
Strive Masiyiwa |
1,523 |
$1.9 |
telecom |
|
64 |
Qatar |
Faisal Bin Qassim Al Thani |
1,583 |
$1.8 |
hotels, diversified |
|
65 |
Nepal |
Binod Chaudhary |
1,618 |
$1.8 |
diversified |
|
66 |
Slovakia |
Ivan Chrenko |
1,750 |
$1.6 |
real estate |
|
67 |
Hungary |
Sandor Csanyi |
1,812 |
$1.5 |
finance, real estate |
|
68 |
Peru |
Carlos Rodriguez-Pastor |
1,821 |
$1.5 |
finance |
|
69 |
Tanzania |
Mohammed Dewji |
1,849 |
$1.5 |
diversified |
|
70 |
Morocco |
Aziz Akhannouch and family |
1,896 |
$1.5 |
petroleum, diversified |
|
71 |
Macau |
Hoi Kin Hong |
2,027 |
$1.4 |
real estate |
|
72 |
Barbados |
Rihanna |
2,032 |
$1.4 |
music, cosmetics |
|
73 |
Estonia |
Kristo Käärmann |
2,070 |
$1.3 |
payments, banking |
|
74 |
St. Kitts and Nevis |
Myron Wentz |
2,073 |
$1.3 |
health products |
|
75 |
Armenia |
Ruben Vardanyan |
2,267 |
$1.2 |
investment banking |
|
76 |
Bangladesh |
Muhammed Aziz Khan |
2,451 |
$1.0 |
power |
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