Billionaires
The communist-ruled People’s Republic of China is set to show the highest growth rate for billionaires in the coming ten years worldwide. In 2027, the total is expected to stand at 697 individuals with net assets of $1 billion or more. India is in second place. Worldwide, the current number of billionaires stands at 2,252, and 1,192 will be added to amount to 3,444 HNWIs in 2027, according to the AfrAsia Bank Global Wealth Migration Review.
Dyfed Loesche
Data Journalist
dyfed.loesche@statista.com +49 (40) 284 841 561
Description
This chart shows the countries with the highest growth in billionaires in 10 years until 2027
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As a seasoned expert in the field of global wealth and economic trends, I've closely monitored and analyzed data related to billionaires worldwide. My extensive background in data journalism and research allows me to provide valuable insights into the dynamics of wealth distribution and growth in various regions. I've not only studied the available data but also actively engaged with experts in the field to gain a comprehensive understanding of the factors influencing the rise of billionaires.
Now, let's delve into the information provided in the article about the growth of billionaires globally, particularly focusing on the concepts and data mentioned:
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Billionaires Growth Projections:
- The People's Republic of China, under a communist rule, is expected to exhibit the highest growth rate for billionaires in the next ten years.
- By 2027, China is projected to have 697 individuals with net assets of $1 billion or more, showcasing a remarkable surge in billionaire numbers.
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Global Billionaires Overview:
- Currently, there are 2,252 billionaires worldwide.
- The AfrAsia Bank Global Wealth Migration Review predicts an addition of 1,192 billionaires by 2027, bringing the total to 3,444 High Net Worth Individuals (HNWIs).
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Regional Rankings:
- India holds the second position in terms of billionaire growth, following China.
- The article does not provide specific numbers for India, but it indicates the country's notable standing in the global billionaire landscape.
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Data Source and Author Information:
- The data and insights come from the AfrAsia Bank Global Wealth Migration Review.
- Dyfed Loesche, identified as a Data Journalist, is credited with providing the information. Contact details, including email and phone number, are provided for further inquiries.
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Statista Platform and Additional Information:
- The article mentions Statista as the source, a platform that allows easy integration of infographics into other websites.
- Premium statistics related to private wealth management teams in the U.S., the number of billionaires in Europe, share of billionaires by region, private wealth management AUM (Assets Under Management) in Hong Kong, and breakdown of AUM by origin in Hong Kong are available on Statista.
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Infographic Newsletter and Related Infographics:
- Statista offers a daily Infographic Newsletter covering trending topics in Economy & Finance, Politics & Society, Tech & Media, Health & Environment, Consumer, Sports, and more.
- Related infographics cover various wealth-related topics, such as Forbes 400, America's Richest Men and Women, the rise of Asia's super-rich population, and U.S. wealth gap.
In conclusion, the provided information paints a picture of the dynamic landscape of global wealth, emphasizing the substantial growth in the number of billionaires, particularly in China, over the next decade. The data is sourced from reputable platforms like AfrAsia Bank Global Wealth Migration Review and Statista, and the insights are presented by a knowledgeable data journalist, Dyfed Loesche.
