billionaire

A billionaire is a person whose net worth is at least one billion units of a given currency, typically USD. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed billionaire in 1916.
Nineteen individuals had attained the status of centibillionaires, each with a net worth of at least $100 billion, as of January 2026. As of 2025-March there are 3028 billionaires worldwide, with a combined wealth of over $16.1 trillion, up nearly $2 trillion over 2024.
Current U.S. dollar billionaires
The World's Billionaires
According to the UBS/PwC Billionaires Report 2019 report released in November 2019, there are currently 2,101 U.S. dollar billionaires worldwide, from 66 countries, with a combined net worth of $8.5 trillion. Also according to the report, billionaires have a substantial positive contribution to the sustainability and success of companies controlled by them. Billionaire-controlled companies listed on the equity market returned 17.8 percent, compared with the 9.1 percent of the MSCI AC World Index. According to the authors of the report, this Billionaire Effect is connected with smart risk-taking and willingness to plan and invest for the long term.
The majority of billionaires are male, as fewer than 11% (197 of 1,826) on the 2015 list were female billionaires. The United States has the largest number of billionaires of any country, with 536 As of 2015, while China, India and Russia are home to 213, 90 and 88 billionaires, respectively. As of 2015, only 46 billionaires were under the age of 40, while the list of American-only billionaires, as of 2010, had an average age of 66.
Different authorities use different methodologies to determine net worth and to rank them, and not all information about personal finances is publicly available. In 2019, Forbes counted a record 607 billionaires in the U.S. Over the course of the 2020s, depending on the source and the year, the world's richest person has been reckoned to be Jeff Bezos, Bernard Arnault and family, or Elon Musk.
From 2014 to 2019, the number of female billionaires grew by 46%. That is more than the number of male billionaires in the same period (39%). As of 2019 there were 233 female billionaires in the world, compared to 160 in 2013.
Education and work experience
Billionaires come from a very wide variety of backgrounds. College education is not universal among billionaires, as almost 30% of billionaires around the world in 2015 did not have a college degree of any kind. But this shows substantial correlation between education and success. More than 70% of these billionaires have some kind of college degree, while in the general US population only 38% have a college degree, and in the general world population less than 10% of people have a college degree.
There is also a substantial correlation between top university education and billionaire status. The top 10 universities in the United States produced 99 of the top 400 billionaires in 2018, which makes these schools overrepresented among billionaires compared with the general population. For example, 10 billionaires (or 4%) had graduated from Harvard University, while Harvard graduates only make up 0.2% of the general population of adults in the United States; in other words, a billionaire from the Forbes 400 list that year was 20 times more likely to have gone to Harvard than a non-billionaire.
Billionaires come from a wide range of fields of study and initial employment. The most common field of university education for billionaires was finance and economics, which contributed to a combined 15.5% of billionaire educations, a similar proportion to the general US population. Very few college-educated billionaires pursued business interests in their field of study, with the exception of computer science majors. All twelve of the computer science major billionaires worked in computer science, while only half of engineers worked in engineering, and less than a quarter of finance and economics majors ever worked in finance or economics. The most common field for billionaires to enter for their first job was sales and military service. Military service produced 21 billionaires.
Inequality
List of sovereign states by wealth inequality
Between 2010 and 2015 the wealth of the richest 62 people among the World's Billionaires increased by $500 bn (£350 bn) to $1.76 tn. More recently, in 2017, an Oxfam report noted that just eight billionaires have as much net worth as "half the human race". However, the Oxfam report has been criticized for considering debt as negative wealth, which leads to wealthy people with large amounts of debt being considered poor or not wealthy.
Statistics
These aggregated statistics for billionaires include the total number of known billionaires and the net worth of the world's wealthiest individual for each year since 2008. Data for each year is from the annual Forbes list of billionaires, with currency figures given in U.S. dollars. Data since 2018 also includes the Wealth-X billionaire census which typically finds higher numbers than Forbes.
| Year | Total number of billionaires | Combined wealth of known billionaires | Number of billionaires | World's wealthiest individual | U.S. | Chinese | Indian | German | Russian | Name | Net worth |
|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2,781 | $14.2 trillion | 813 | 473 | 200 | Bernard Arnault & family | $233 billion | ||
| 2022 | 2,668 | $9.562 trillion | 735 | 539 | 166 | 134 | 83 | Elon Musk | $219 billion |
| 2021 | 2,755 | $10.016 trillion | 724 | 626 | 140 | 136 | 117 | Elon Musk | $320 billion |
| 2020 | 2,095 | $10.2 trillion | 614 | 389 | 102 | 99 | Jeff Bezos | $188 billion | |
| 2019 | 2,153–2,604 | $8.6–8.7 trillion | 609–705 | 285–324 | 82–106 | 98–102 | Jeff Bezos | $131 billion | |
| 2018 | 2,208–2,754 | $9.1–9.2 trillion | 585–680 | 338–372 | 117–119 | 96–111 | Jeff Bezos | $133 billion | |
| 2017 | 2,043 | $7.71 trillion | 565 | 319 | 101 | 106 | Jeff Bezos | $99.6 billion | |
| 2016 | 1,810 | $6.48 trillion | 540 | 251 | 90 | 75 | Bill Gates | $75 billion | |
| 2015 | 1,826 | $7.05 trillion | 536 | 213 | 88 | 88 | Bill Gates | $79.2 billion | |
| 2014 | 1,645 | $6.4 trillion | 492 | 152 | 56 | 111 | Bill Gates | $78 billion | |
| 2013 | 1,426 | $5.4 trillion | 442 | 122 | – | 110 | Carlos Slim | $73 billion | |
| 2012 | 1,226 | $4.6 trillion | 425 | 95 | – | 96 | Carlos Slim | $73 billion | |
| 2011 | 1,210 | $4.5 trillion | 413 | 115 | – | 101 | Carlos Slim | $74 billion | |
| 2010 | 1,011 | $3.6 trillion | 404 | 89 | – | 62 | Carlos Slim | $53.5 billion | |
| 2009 | 793 | $2.4 trillion | 359 | 28 | – | 32 | Bill Gates | $40 billion | |
| 2008 | 1,125 | $4.4 trillion | 470 | – | – | 87 | Warren Buffett | $62 billion |
See also
- List of centibillionaires
- Billionaire space race
- Bloomberg Billionaires Index (global)
- Business oligarch
- Forbes 400 (US citizens only)
- Foundation
- List of cities by number of billionaires
- List of countries by the number of billionaires
- List of universities by number of billionaire alumni
- List of wealthiest families
- Millionaire
- Quantitative easing
- The World's Billionaires
References
- Forbes 2025 Billionaires List - The Richest People In The World Ranked, 2025-09-23, Forbes, English
- Forbes Real Time Billionaires List - The World's Richest People, 2025-09-22, Forbes, en
- Miller, Matthew, Kroll, Luisa, Bill Gates No Longer World's Richest Man, Forbes, 10 March 2010, 7 June 2010, 26 September 2011, live
- O'Donnell, Carl, 11 July 2014, 7 January 2014, The Rockefellers: The Legacy Of History's Richest Man, Forbes, 20 November 2016, live
- Mohamed, Theron, 2024-10-22, Meet the 17 people in the $100 billion club — who are jointly worth more than Amazon or Google, 2024-10-22, Business Insider Africa, en
- Forbes 2025 Billionaires List - The Richest People In The World Ranked, 2025-09-23, Forbes, English
- Peterson-Withorn, Chase, Forbes' 38th Annual World's Billionaires List: Facts And Figures 2024, 2024-10-22, Forbes, en
- Peterson-Withorn, Chase, Forbes' 37th Annual World's Billionaires List: Facts And Figures 2023, 2024-10-22, Forbes, en
- UBS/PwC Billionaires Report 2019, UBS.com, en, 2019-12-20, 7 December 2019, live
- Billionaires insights 2018, Billionaires insights, en, 2019-12-20, 20 December 2019, live
- Behind the Numbers in Forbes' Billionaires List, U.S. News & World Report, 2 March 2015, 12 March 2018, 26 July 2018, live
- A Record 90 Indians On Forbes Billionaires List 2015, 3 March 2015, Forbes, 9 August 2015, 2 August 2015, live
- Rappeport, Alan, Brics becoming billionaire factory, 20 May 2011, Financial Times, 9 March 2011, 9 June 2020, live
- Real Time Billionaires, 2020-09-08, Forbes, en, 25 April 2012, live
- Shen, Lucinda, 8 August 2016, You'd be Surprised How Many Billionaires Don't Have a College Degree, fortune.com, 12 May 2021, 16 May 2021, live
- Hanson, Melanie, Education Attainment Statistics, Education Data Initiative, 15 September 2025
- Forrest, Conner, These 10 college majors have created more billionaires than any other fields of study, TechRepublic, 23 October 2018, 12 May 2021, 16 May 2021, live
- How Have the Top 25 Most Popular College Majors Changed Over Time?, Student Choice, 15 September 2025
- 62 people own same as half world – Oxfam, Oxfam, 30 June 2016, 29 October 2018, dead
- Just 8 men own same wealth as half the world, 16 January 2017, Oxfam, Ratcliff, Anna, 16 January 2017, live, 16 January 2017
- Mullany, Gerry, 16 January 2017, World's 8 Richest Have as Much Wealth as Bottom Half of Global Population, live, 16 January 2017, 17 January 2017, The New York Times
- Are 26 billionaires worth more than half the planet? The debate, explained., 22 January 2019, vox.com, 8 November 2019, 8 November 2019, live
- Peterson-Withorn, Chase, Forbes World’s Billionaires List 2024: The Top 200, Forbes, 2024-04-02, 2025-09-18
- Chang, Richard J., The Countries With The Most Billionaires 2022, Forbes, 2022-04-05, 2025-09-18
- The Countries with the Most Billionaires 2021, 2024-02-27, www.forbes.com
- Team, Forbes Wealth, The Top 10 Richest People In The World (February 2024), 2024-02-27, Forbes, en
- Moskowitz, Dan, 13 July 2021, A Look at the 10 Richest People in the World, live, 2021-07-20, Investopedia, en, 30 January 2015
- The Countries with the Most Billionaires 2020, 2021-07-20, www.forbes.com, 20 July 2021, live
- Billionaires 2019, Forbes, 13 March 2019, 5 March 2019, 4 January 2019, live
- Top 15 countries with the most billionaires, ranked, Amarendra, Dhiraj, Business Insider, 2019-05-16, 2019-11-25, 2 June 2019, live
- Kroll, Luisa, March 6, 2018, Forbes Billionaires 2018: Meet The Richest People On The Planet, live, 8 March 2018, March 6, 2018, Forbes
- Number of billionaires worldwide surged to 2,754 in 2017, The Guardian, 18 May 2018, en, 18 May 2018, live
- Kroll, Luisa, Dolan, Kerry A., Forbes 2017 billionaires list: Meet the richest people on the planet, live, 13 March 2018, 12 March 2018, Forbes
- Inside The 2015 Forbes Billionaires List: Facts And Figures, Forbes, 2 March 2015, 3 March 2015, 28 June 2018, live
- Billionaires, Forbes, 3 March 2014, 17 March 2014, 14 March 2014, live
- Indian Billionaires 2014: Big Winners, Big Losers, Forbes, 3 March 2014, 9 August 2015, 12 September 2015, live
- Inside The 2013 Billionaires List, Forbes, 25 March 2013, 20 October 2014, 13 July 2018, live
- Forbes World's Billionaires 2012, Forbes, 7 March 2012, 20 October 2014, 8 March 2012, live
- World's Billionaires 2011: A Record Year In Numbers, Money And Impact, Forbes, 9 March 2011, 1 April 2012, 15 April 2012, live
- Bill Gates No Longer World's Richest Man, Forbes, 10 March 2010, 1 April 2012, 26 September 2011, live
- The World's Billionaires, Forbes, 11 March 2009, 1 April 2012, 27 April 2011, live
- World's Billionaires, Forbes, 5 March 2008, 1 April 2012, 6 June 2012, live
Further reading
- Ritholtz, Barry (26 December 2016). "Map of World Billionaires by Country and by Origin of Wealth". The Big Picture.
External links
Category:Distribution of wealth
Category:Forbes lists