While some of these moguls are repeat winners—like Elon Musk and Bernard Arnault—many are fresh faces, and one is his country’s first-ever billionaire.
Billionaires are plentiful—but they aren’t everywhere. Less than half of all countries count a billionaire among their citizens. A fifth of those that do have just one.
This year, 78 nations and semi-autonomous territories have at least one billionaire on the list, the same number as last year. The richest member of any country is Tesla cofounder and CEO Elon Musk (estimated net worth: $342 billion), who was born a dual citizen of South Africa and Canada but obtained American citizenship in 2002 and has counted the United States as his primary residence ever since. Among mainland China’s 450 billionaires, the richest is Zhang Yiming ($65.5 billion), cofounder of TikTok parent ByteDance. India’s wealthiest is Mukesh Ambani ($92.5 billion), who chairs Reliance Industries, the multinational conglomerate founded by his late father.
The U.S. dominates the top of the ranking, with only two non-Americans in the “$100 Billion Club.” One is Amancio Ortega ($124 billion), the richest person in Spain and cofounder of the retailer Inditex, known for the Zara fast fashion brand. The other is Bernard Arnault ($178 billion), the wealthiest in France, whose fashion and cosmetics empire LVMH includes the likes of Louis Vuitton and Sephora.
Three countries have joined or rejoined since last year: Albania and Peru, which have one billionaire each, and Saudi Arabia, where Forbes identified 14 new billionaires and one returnee. The Saudi fortunes stem from a wide range of sources, from banking to pharmaceuticals to broadcasting. The richest is that of investor Prince Alwaleed Bin Talal Alsaud ($16.5 billion). Peru’s richest person, Eduardo Hochschild ($2.4 billion), returns to the list this year thanks to the rising share price of his mining company, while Albania has its first-ever billionaire: Samir Mane ($1.4 billion), who created the country’s largest supermarket and retail electronics chains.
Meanwhile, Bangladesh, Panama and Uruguay no longer have any billionaires. Muhammed Aziz Khan ($1.1 billion), who chairs the Bangladeshi energy company Summit Group, has been living in Singapore and finally transferred his citizenship there (the city-state doesn’t allow dual citizenship). He’s not the wealthiest of his new nationality, though—that title belongs to the paint manufacturing entrepreneur Goh Cheng Liang ($13 billion). Meanwhile, Forbes has recategorized the assets of Panama’s Stanley Motta as a family fortune in light of new information, so the banking investor is no longer considered an individual billionaire. And Uruguay’s Andrés Bzurovski Bay and Sergio Fogel have fallen below the three-comma mark thanks to the dropping share price of their fintech startup dLocal.
The Asia-Pacific region had the most billionaire citizens in 2024, but this year its 1,052 ranking members put it just behind the Americas, which have 1,077, led by 902 in the U.S. After that comes Europe (772) and the Middle East & Africa (127).
Here is the richest billionaire of each country and semi-autonomous region on the 2025 World’s Billionaires list.
DATA AS OF MARCH 7, 2025.
Albania
Richest Person: Samir Mane
Age: 57 | Net Worth: $1.4 Billion | Rank: 2356 | Source of Wealth: Diversified
Algeria
Richest Person: Issad Rebrab & family
Age: 81 | Net Worth: $3 Billion | Rank: 1219 | Source of Wealth: Food
Argentina
Richest Person: Marcos Galperin
Age: 53 | Net Worth: $8 Billion | Rank: 382 | Source of Wealth: E-commerce
Armenia
Richest Person: Ruben Vardanyan & family
Age: 56 | Net Worth: $1.2 Billion | Rank: 2623 | Source of Wealth: Investment banking
Australia
Richest Person: Gina Rinehart
Age: 71 | Net Worth: $29.3 Billion | Rank: 61 | Source of Wealth: Mining
Austria
Richest Person: Mark Mateschitz
Age: 32 | Net Worth: $40.6 Billion | Rank: 38 | Source of Wealth: Red Bull
Barbados
Richest Person: Rihanna
Age: 37 | Net Worth: $1.4 Billion | Rank: 2356 | Source of Wealth: Music, cosmetics
Belgium
Richest Person: Eric Wittouck
Age: 78 | Net Worth: $9 Billion | Rank: 329 | Source of Wealth: Investments
Belize
Richest Person: Kenneth Dart
Age: 69 | Net Worth: $9 Billion | Rank: 329 | Source of Wealth: Investments
Brazil
Richest Person: Eduardo Saverin
Age: 43 | Net Worth: $34.5 Billion | Rank: 51 | Source of Wealth: Facebook
Bulgaria
Richest Person (tie): Georgi Domuschiev
Age: 52 | Net Worth: $2.7 Billion | Rank: 1362 | Source of Wealth: Animal health, investments
Richest Person (tie): Kiril Domuschiev
Age: 55 | Net Worth: $2.7 Billion | Rank: 1362 | Source of Wealth: Animal health, investments
Canada
Richest Person: Changpeng Zhao
Age: 48 | Net Worth: $62.9 Billion | Rank: 24 | Source of Wealth: Cryptocurrency exchange
Chile
Richest Person: Iris Fontbona & family
Age: 82 | Net Worth: $28.1 Billion | Rank: 70 | Source of Wealth: Mining
China
Richest Person: Zhang Yiming
Age: 41 | Net Worth: $65.5 Billion | Rank: 23 | Source of Wealth: TikTok
Colombia
Richest Person (tie): Jaime Gilinski Bacal
Age: 67 | Net Worth: $10.7 Billion | Rank: 236 | Source of Wealth: Banking
Richest Person (tie): David Velez & family
Age: 43 | Net Worth: $10.7 Billion | Rank: 236 | Source of Wealth: Fintech
Croatia
Richest Person: Vasily Anisimov
Age: 73 | Net Worth: $2.1 Billion | Rank: 1688 | Source of Wealth: Real estate
Cyprus
Richest Person: John Fredriksen
Age: 80 | Net Worth: $17 Billion | Rank: 119 | Source of Wealth: Shipping
Czech Republic
Richest Person: Renata Kellnerova & family
Age: 57 | Net Worth: $18.2 Billion | Rank: 112 | Source of Wealth: Finance, telecommunications
Denmark
Richest Person: Anders Holch Povlsen
Age: 52 | Net Worth: $12.8 Billion | Rank: 185 | Source of Wealth: Fashion retail
Egypt
Richest Person: Nassef Sawiris
Age: 64 | Net Worth: $9.6 Billion | Rank: 289 | Source of Wealth: Construction, investments
Estonia
Richest Person: Kristo Käärmann
Age: 44 | Net Worth: $2.3 Billion | Rank: 1573 | Source of Wealth: Payments, banking
Eswatini (Swaziland)
Richest Person: Nathan Kirsh
Age: 93 | Net Worth: $7.3 Billion | Rank: 443 | Source of Wealth: Retail, real estate
Finland
Richest Person: Antti Herlin
Age: 68 | Net Worth: $3.7 Billion | Rank: 979 | Source of Wealth: Elevators, escalators
France
Richest Person: Bernard Arnault & family
Age: 76 | Net Worth: $178 Billion | Rank: 5 | Source of Wealth: LVMH
Georgia
Richest Person: Mikhail Lomtadze
Age: 49 | Net Worth: $5.9 Billion | Rank: 597 | Source of Wealth: Fintech
Germany
Richest Person: Dieter Schwarz
Age: 85 | Net Worth: $41 Billion | Rank: 37 | Source of Wealth: Retail
Greece
Richest Person: Maria Angelicoussis
Age: 43 | Net Worth: $7.6 Billion | Rank: 418 | Source of Wealth: Shipping
Guernsey
Richest Person: Stephen Lansdown
Age: 72 | Net Worth: $3 Billion | Rank: 1219 | Source of Wealth: Financial services
Hong Kong
Richest Person: Li Ka-shing
Age: 96 | Net Worth: $38.9 Billion | Rank: 40 | Source of Wealth: Diversified
Hungary
Richest Person: Lorinc Meszaros
Age: 59 | Net Worth: $3.6 Billion | Rank: 1015 | Source of Wealth: Diversified
Iceland
Richest Person: Thor Bjorgolfsson
Age: 58 | Net Worth: $1 Billion | Rank: 2933 | Source of Wealth: Investments
India
Richest Person: Mukesh Ambani
Age: 67 | Net Worth: $92.5 Billion | Rank: 18 | Source of Wealth: Diversified
Indonesia
Richest Person: Low Tuck Kwong
Age: 76 | Net Worth: $27.3 Billion | Rank: 72 | Source of Wealth: Coal
Ireland
Richest Person (tie): John Collison
Age: 34 | Net Worth: $10.1 Billion | Rank: 271 | Source of Wealth: Payment software
Richest Person (tie): Patrick Collison
Age: 34 | Net Worth: $10.1 Billion | Rank: 271 | Source of Wealth: Payment software
Israel
Richest Person: Eyal Ofer
Age: 74 | Net Worth: $28.2 Billion | Rank: 68 | Source of Wealth: Real estate, shipping
Italy
Richest Person: Giovanni Ferrero
Age: 60 | Net Worth: $38.2 Billion | Rank: 41 | Source of Wealth: Nutella, chocolates
Japan
Richest Person: Tadashi Yanai & family
Age: 76 | Net Worth: $45.1 Billion | Rank: 30 | Source of Wealth: Fashion retail
Kazakhstan
Richest Person: Vyacheslav Kim
Age: 55 | Net Worth: $7.1 Billion | Rank: 464 | Source of Wealth: Fintech
Lebanon
Richest Person (tie): Najib Mikati
Age: 69 | Net Worth: $3.1 Billion | Rank: 1172 | Source of Wealth: Telecom
Richest Person (tie): Taha Mikati
Age: 80 | Net Worth: $3.1 Billion | Rank: 1172 | Source of Wealth: Telecom
Liechtenstein
Richest Person: Christoph Zeller
Age: 67 | Net Worth: $1.3 Billion | Rank: 2479 | Source of Wealth: Dental materials
Luxembourg
Richest Person: Michael Gans & family
Age: 61 | Net Worth: $1.2 Billion | Rank: 2623 | Source of Wealth: Supply chain services
Malaysia
Richest Person: Robert Kuok
Age: 101 | Net Worth: $12.1 Billion | Rank: 195 | Source of Wealth: Palm oil, shipping, property
Mexico
Richest Person: Carlos Slim Helu & family
Age: 85 | Net Worth: $82.5 Billion | Rank: 19 | Source of Wealth: Telecom
Monaco
Richest Person: Stefano Pessina
Age: 83 | Net Worth: $6 Billion | Rank: 581 | Source of Wealth: Drugstores
Morocco
Richest Person (tie): Othman Benjelloun & family
Age: 92 | Net Worth: $1.6 Billion | Rank: 2110 | Source of Wealth: Banking, insurance
Richest Person (tie): Anas Sefrioui & family
Age: 67 | Net Worth: $1.6 Billion | Rank: 2110 | Source of Wealth: Real estate
Nepal
Richest Person: Binod Chaudhary
Age: 69 | Net Worth: $2 Billion | Rank: 1763 | Source of Wealth: Diversified
Netherlands
Richest Person: Charlene de Carvalho-Heineken & family
Age: 70 | Net Worth: $14.4 Billion | Rank: 160 | Source of Wealth: Heineken
New Zealand
Richest Person: Graeme Hart
Age: 69 | Net Worth: $9.3 Billion | Rank: 307 | Source of Wealth: Packaging
Nigeria
Richest Person: Aliko Dangote
Age: 67 | Net Worth: $23.9 Billion | Rank: 83 | Source of Wealth: Cement, sugar
Norway
Richest Person: Torstein Hagen
Age: 82 | Net Worth: $10.3 Billion | Rank: 260 | Source of Wealth: Cruises
Oman
Richest Person: P.N.C. Menon
Age: 76 | Net Worth: $3.4 Billion | Rank: 1072 | Source of Wealth: Real estate
Peru
Richest Person: Eduardo Hochschild
Age: 61 | Net Worth: $2.4 Billion | Rank: 1513 | Source of Wealth: Mining
Philippines
Richest Person: Manuel Villar
Age: 75 | Net Worth: $17.2 Billion | Rank: 117 | Source of Wealth: Real estate
Poland
Richest Person: Michal Solowow
Age: 62 | Net Worth: $13.1 Billion | Rank: 178 | Source of Wealth: Q
Portugal
Richest Person: Maria Fernanda Amorim & family
Age: 90 | Net Worth: $5.9 Billion | Rank: 597 | Source of Wealth: Energy, investments
Qatar
Richest Person: Hamad bin Jassim bin Jaber Al Thani
Age: 65 | Net Worth: $3.9 Billion | Rank: 929 | Source of Wealth: Investments
Romania
Richest Person (tie): Ion Stoica
Age: 60 | Net Worth: $2.5 Billion | Rank: 1462 | Source of Wealth: Data analytics
Richest Person (tie): Matei Zaharia
Age: 39 | Net Worth: $2.5 Billion | Rank: 1462 | Source of Wealth: Data analytics
Russia
Richest Person: Vagit Alekperov
Age: 74 | Net Worth: $28.7 Billion | Rank: 62 | Source of Wealth: Oil
Saudi Arabia
Richest Person: Prince Alwaleed Bin Talal Alsaud
Age: 70 | Net Worth: $16.5 Billion | Rank: 128 | Source of Wealth: Investments
Singapore
Richest Person: Goh Cheng Liang
Age: 97 | Net Worth: $13 Billion | Rank: 182 | Source of Wealth: Paints
Slovakia
Richest Person: Jaroslav Hascak & family
Age: 55 | Net Worth: $2 Billion | Rank: 1763 | Source of Wealth: Investments
South Africa
Richest Person: Johann Rupert & family
Age: 74 | Net Worth: $14 Billion | Rank: 165 | Source of Wealth: Luxury goods
South Korea
Richest Person: Cho Jung-ho
Age: 66 | Net Worth: $8.4 Billion | Rank: 361 | Source of Wealth: Finance
Spain
Richest Person: Amancio Ortega
Age: 89 | Net Worth: $124 Billion | Rank: 9 | Source of Wealth: Zara
St. Kitts and Nevis
Richest Person: Justin Sun
Age: 34 | Net Worth: $8.5 Billion | Rank: 353 | Source of Wealth: Cryptocurrency
Sweden
Richest Person: Stefan Persson
Age: 77 | Net Worth: $18.6 Billion | Rank: 108 | Source of Wealth: H&M
Switzerland
Richest Person: Gianluigi Aponte
Age: 84 | Net Worth: $37.7 Billion | Rank: 44 | Source of Wealth: Shipping
Richest Person (tie): Rafaela Aponte-Diamant
Age: 80 | Net Worth: $37.7 Billion | Rank: 44 | Source of Wealth: Shipping
Taiwan
Richest Person: Barry Lam
Age: 75 | Net Worth: $11.7 Billion | Rank: 210 | Source of Wealth: Electronics
Tanzania
Richest Person: Mohammed Dewji
Age: 49 | Net Worth: $2.2 Billion | Rank: 1626 | Source of Wealth: Diversified
Thailand
Richest Person: Dhanin Chearavanont
Age: 85 | Net Worth: $15.2 Billion | Rank: 141 | Source of Wealth: Diversified
Turkey
Richest Person: Murat Ulker
Age: 66 | Net Worth: $5.5 Billion | Rank: 639 | Source of Wealth: Food
Ukraine
Richest Person: Rinat Akhmetov
Age: 58 | Net Worth: $7.9 Billion | Rank: 390 | Source of Wealth: Steel, coal
United Arab Emirates
Richest Person: Pavel Durov
Age: 40 | Net Worth: $17.1 Billion | Rank: 118 | Source of Wealth: Messaging app
United Kingdom
Richest Person: Michael Platt
Age: 57 | Net Worth: $18.8 Billion | Rank: 106 | Source of Wealth: Hedge funds
United States
Richest Person: Elon Musk
Age: 53 | Net Worth: $342 Billion | Rank: 1 | Source of Wealth: Tesla, SpaceX
Venezuela
Richest Person: Juan Carlos Escotet
Age: 65 | Net Worth: $7.4 Billion | Rank: 430 | Source of Wealth: Banking
Vietnam
Richest Person: Pham Nhat Vuong
Age: 56 | Net Worth: $6.5 Billion | Rank: 535 | Source of Wealth: Diversified
Zimbabwe
Richest Person: Strive Masiyiwa
Age: 64 | Net Worth: $1.2 Billion | Rank: 2623 | Source of Wealth: Telecom
This article was originally published on forbes.com and all figures are in USD.
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