Wealth-X's Billionaire Census 2019 report reveals insights and trends about the world's top billionaires
According to Wealth-X's Billionaire Census 2019 report, which was released on May 9, global billionaire wealth has shrunk in 2018 with Asia-Pacific posting the largest decline at 13.4 percent.
Heightened market volatility, global trade tensions and a slowdown in economic growth are to blame, but Hong Kong still ranked eighth on the list of countries with the most billionaires, with a total of 87 billionaires and total wealth of $259 billion.
Several other trends are covered in the sixth edition of the annual report, including how billionaires are increasingly congregating in a cluster of cities (the top 15 billionaire cities accounted for almost 30 percent of the global billionaire population in 2018) and philanthropy being the leading passion or hobby among billionaires.
So, where are these billionaires calling home in 2019? Below are the top 10 countries with the most billionaires in 2019:
1. United States
Number of billionaires: 705
Total billionaire wealth: $3,013 billion
Richest Individual: Jeff Bezos ($118 billion)
