Click here if you wish to directly access this brief article by economist David Ruccio from his blog Occasional Links & Commentary.
According to a new study, The Geography of the Global Super-Rich, by Richard Florida, Charlotta Mellander, and Isabel Ritchie, the United States is home to the world’s largest number of billionaires, with 541, 30 percent of the total. China is second with 223 or 12 percent. Next in line are India and Russia, with 82 billionaires (4.5 percent) each. Germany is fifth with 78 billionaires (4.3 percent). The United Kingdom is sixth with 71 (3.9 percent). Switzerland has 58 (4.3 percent), Brazil 50 (2.7 percent), France 39 (2.1 percent), and Italy 35 (1.9 percent).
Just to put things in perspective, the world’s 1,826 billionaires make up just 0.00003 percent of the global population.
