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Last Updated : Jun 01, 2018 02:03 PM IST | Source: Moneycontrol.com

Countries that will have the most billionaires by 2027 - how does India fare?

China and India will spearhead wealth creation in the coming decade with the expected growth pegged at above 180% for both the countries. Here are the top ten countries which will add most billionaires by 2027, according to the AfrAsia Bank Global Wealth Migration Review

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Japan | The Asian powerhouse will add 11 billionaires by 2027 taking the tally to 46. It is the third wealthiest country in the world by total wealth held in 2017. The citizens in Japan hold $19,522 billion. (Reuters)
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Japan | The Asian powerhouse will add 11 billionaires by 2027 taking the tally to 46. It is the third wealthiest country in the world by total wealth held in 2017. The citizens in Japan hold $19,522 billion. (Reuters)

Switzerland | The country of snow-clad mountains will add 12 billionaires in next 10 years. It already is one of the wealthiest countries in the world by per capita wealth which stands at $354,000. In the recent years it has seen a decent growth in wealth. (Reuters)
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Switzerland | The country of snow-clad mountains will add 12 billionaires in next 10 years. It already is one of the wealthiest countries in the world by per capita wealth which stands at $354,000. In the recent years it has seen a decent growth in wealth. (Reuters)

South Korea | The country will add 13 billionaires in the next decade. The Republic of Korea is one of the fastest growing wealth market with 15% growth registered in 2016-17. The total wealth of the country is expected to grow to $4,089 billion by 2027. (Seoyang Bridge- Wikimedia Commons)
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South Korea | The country will add 13 billionaires in the next decade. The Republic of Korea is one of the fastest growing wealth market with 15% growth registered in 2016-17. The total wealth of the country is expected to grow to $4,089 billion by 2027. (Seoyang Bridge- Wikimedia Commons)

Canada | The North American country will add 13 billionaires in next 10 years taking the total to 57. Canada, with one of the lowest population density among major countries, has an impressive wealth at $6,393 billion. (Canadian Parliament- Wikimedia Commons)
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Canada | The North American country will add 13 billionaires in next 10 years taking the total to 57. Canada, with one of the lowest population density among major countries, has an impressive wealth at $6,393 billion. (Canadian Parliament- Wikimedia Commons)

Hong Kong | The Asian financial hub will add 22 billionaires by 2027. Total wealth held in the city-state amounts to $1.3 trillion. Hong Kong is considered to be the gateway between Europe and Asia and it is home to the 7th largest stock exchange in the world. (The Hong Kong Convention and Exhibition Centre- Wikimedia Commons)
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Hong Kong | The Asian financial hub will add 22 billionaires by 2027. Total wealth held in the city-state amounts to $1.3 trillion. Hong Kong is considered to be the gateway between Europe and Asia and it is home to the 7th largest stock exchange in the world. (The Hong Kong Convention and Exhibition Centre- Wikimedia Commons)

Australia | Australia will add 25 billionaires by 2027 taking the total number to 61. Despite having a population of 22 million, the country is one of the wealthiest in the world. The per capita wealth in 2017 stands at $279,000, fifth highest in the world. (Gold Coast Skyline- Wikimedia Commons)
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Australia | Australia will add 25 billionaires by 2027 taking the total number to 61. Despite having a population of 22 million, the country is one of the wealthiest in the world. The per capita wealth in 2017 stands at $279,000, fifth highest in the world. (Gold Coast Skyline- Wikimedia Commons)

Russia | Russia will add 63 billionaires in the coming decade taking its tally to 142. Incidentally, the Russian Federation is one of the few countries which has seen a depreciation in the wealth in 2016-17 owing to stagnant stock market and sanctions which have deterred investment. The wealth held by Russian citizens eroded by 5% last year. (Moscow International Business Centre- Wikimedia Commons)
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Russia | Russia will add 63 billionaires in the coming decade taking its tally to 142. Incidentally, the Russian Federation is one of the few countries which has seen a depreciation in the wealth in 2016-17 owing to stagnant stock market and sanctions which have deterred investment. The wealth held by Russian citizens eroded by 5% last year. (Moscow International Business Centre- Wikimedia Commons)

United States | World’s wealthiest country and the largest economy will add 147 billionaires taking its total tally to 884 by 2027. Wealth held by US citizens in 2017 is more than combined wealth held by next four countries. Though, the scene will change drastically as China will reach closer to US wealth in next 10 years. (Los Angeles Skyline- Wikimedia Commons)
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United States | World’s wealthiest country and the largest economy will add 147 billionaires taking its total tally to 884 by 2027. Wealth held by US citizens in 2017 is more than combined wealth held by next four countries. Though, the scene will change drastically as China will reach closer to US wealth in next 10 years. (Los Angeles Skyline- Wikimedia Commons)

India | With 238 new billionaires in the next decade, India’s total number of billionaires will be 357 by 2027. India’s wealth is expected to be triple to reach $24,691 billion in next 10 years. (Rashtrapati Bhavan- Wikimedia Commons)
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India | With 238 new billionaires in the next decade, India’s total number of billionaires will be 357 by 2027. India’s wealth is expected to be triple to reach $24,691 billion in next 10 years. (Rashtrapati Bhavan- Wikimedia Commons)

China | The world’s second-largest economy will add the maximum number of billionaires in the coming decade. The communist regime which is expected to add 448 new billionaires by 2027 is the second wealthiest country with total wealth held by its population at $24,803 billion. (The Great Hall of the People- Wikimedia Commons)
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China | The world’s second-largest economy will add the maximum number of billionaires in the coming decade. The communist regime which is expected to add 448 new billionaires by 2027 is the second wealthiest country with total wealth held by its population at $24,803 billion. (The Great Hall of the People- Wikimedia Commons)

First Published on Jun 1, 2018 02:03 pm
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