Table of Contents

Current U.S. dollar billionaires
Education and work experience
Inequality
Statistics
See also
References
Further reading
External links

billionaire

Standard Oil founder John D. Rockefeller became the first billionaire in 1916.

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

Global share of wealth by wealth group, Credit Suisse, 2021

Global share of wealth by wealth group, Credit Suisse, 2017

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.

YearTotal number of
billionaires
Combined wealth of
known billionaires
Number of billionairesWorld's wealthiest
individual
U.S.ChineseIndianGermanRussianNameNet worth
20242,781$14.2 trillion813473200Bernard Arnault & family$233 billion
20222,668$9.562 trillion73553916613483Elon Musk$219 billion
20212,755$10.016 trillion724626140136117Elon Musk$320 billion
20202,095$10.2 trillion61438910299Jeff Bezos$188 billion
20192,153–2,604$8.6–8.7 trillion609–705285–32482–10698–102Jeff Bezos$131 billion
20182,208–2,754$9.1–9.2 trillion585–680338–372117–11996–111Jeff Bezos$133 billion
20172,043$7.71 trillion565319101106Jeff Bezos$99.6 billion
20161,810$6.48 trillion5402519075Bill Gates$75 billion
20151,826$7.05 trillion5362138888Bill Gates$79.2 billion
20141,645$6.4 trillion49215256111Bill Gates$78 billion
20131,426$5.4 trillion442122110Carlos Slim$73 billion
20121,226$4.6 trillion4259596Carlos Slim$73 billion
20111,210$4.5 trillion413115101Carlos Slim$74 billion
20101,011$3.6 trillion4048962Carlos Slim$53.5 billion
2009793$2.4 trillion3592832Bill Gates$40 billion
20081,125$4.4 trillion47087Warren Buffett$62 billion

See also


References


Further reading


External links



Category:Distribution of wealth
Category:Forbes lists