Which European country has the most billionaires?

VTV.vn - Europe is home to more than one-fifth of the world's billionaires, with Germany leading the continent and ranking fourth globally in terms of the number of billionaires.

Wealth inequality is a significant problem around the world , including in Europe. According to statistics from the NGO Our World in Data, the richest 1% of the population holds at least 20% of the wealth in most European countries, and in many cases, this proportion exceeds 25%.

According to Forbes magazine, the world will have more than 3,000 billionaires by 2025, with a total wealth of $16.1 trillion. However, this huge wealth is very disproportionately concentrated: just three countries - the US, China and India - account for more than half of all billionaires and wealth.

Germany is the highest-ranked European country in the global rankings. It has the most billionaires in Europe, with 171, holding a total net worth of 676.4 billion euros (about 786.8 billion USD). The richest person in Germany is Dieter Schwarz, with a fortune of about 35 billion euros (41 billion USD), ranking 37th in the world.

Italy ranks second in Europe with 74 billionaires holding a total net worth of 289 billion euros ($339 billion). The richest man in Italy is Giovanni Ferrero with a fortune of 32.6 billion euros ($38.2 billion), ranking 41st in the world.

The UK is home to 55 billionaires, with a combined net worth of around 203 billion euros ($238 billion). The richest individual in the country is Michael Platt, with an estimated fortune of 14 billion pounds ($17 billion), ranking him 106th globally.

France will have 52 billionaires by 2025, the fourth-highest in Europe. The country’s richest person is Bernard Arnault, head of the luxury goods empire LVMH. His total assets are worth 152 billion euros ($178 billion), making him the fifth-richest person in the world, after topping the list in 2024.

Germany, Italy, Britain and France are the only European countries with more than 50 billionaires. Sweden and Switzerland follow with 45 and 42 billionaires, respectively.

Of Europe's five largest economies , Spain has the fewest billionaires - just 34, ranking seventh in Europe. Amancio Ortega, with a net worth of 106 billion euros, is Spain's richest man and ninth in the world.

Following Spain are Türkiye with 32 billionaires and Norway (with only 17 billionaires).

The number of billionaires in other European countries is as follows: Greece (16); the Netherlands (13); Ireland, Belgium and the Czech Republic (11 each); Poland and Cyprus (10 each); Austria and Denmark (9 each); Finland (7); Romania (6); Hungary (4); Slovakia and Bulgaria (2 each); and Portugal, Luxembourg, Croatia, Iceland and Albania (1 each).

The figures show that Western and Northern European countries dominate the billionaire list, with Germany, Italy, the UK, France and Sweden alone accounting for 61% of Europe's total billionaires.

The size of a country's economy appears to be one of the key factors explaining this difference. The four European countries with the most billionaires are also among the continent's five largest economies.

Source: https://vtv.vn/quoc-gia-chau-au-nao-co-nhieu-ty-phu-nhat-100251009152225005.htm