India among top three countries in creating self-made billionaires

Mar 17, 2022

By: Bhakti Makwana

Global list of self made billionaires

Hurun India and M3M India released the ‘2022 M3M Hurun Global Rich List’, a ranking of the US dollar billionaires in India. The report also has a list of countries' rankings in the number of self made billionaires.

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China

China tops the list of self-made billionaires with 1,050 such wealthy individuals. In fact, China is the only country with over a thousand billionaires. The cumulative wealth of these individuals stood at $3,756 billion.

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US

The United States of America is second in the list with close to half i.e., 523 self-made billionaires as compared to China. Despite half the number, the total wealth of these individuals was close to that of China’s at $3,554 billion.

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India

India ranks third in the list of self-made billionaires with 119 such individuals and a cumulative wealth of $474 billion.

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UK

The United Kingdom secured fourth position in the list with 114 self-made billionaires. The total wealth of these people stood at ₹395 billion.

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Russia

Russia has 72 self-made billionaires and ranks fifth in the list. The cumulative wealth of these individuals stood at $320 billion.

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Switzerland

The European country ranks sixth in the list of self-made billionaires with 47 such rich individuals. The cumulative wealth of these people stood at $196 billion.

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Germany

The seventh largest European country in size stood seventh even in the list of self-made billionaires of 42 such individuals. The cumulative wealth of these individuals stood at $172 billion.

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France

France was the eighth country on the list of top countries with self-made billionaires. It has 32 billionaires with cumulative wealth of $286 billion.

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Australia

Australia held ninth position on the list of top countries with self-made billionaires. It has 30 such billionaires with $150 billion.

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Canada

The North American country was number ten on the list of self-made billionaires with 29 such individuals. They had a cumulative wealth of $88 billion.

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Japan

Japan shared the tenth position with Canada and has 29 self-made billionaires. The cumulative wealth stood at $139 billion.

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