The top 10 countries with the most ultra-wealthy people, ranked

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The top 10 countries with the most ultra-wealthy people, ranked

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The rich are everywhere. But you can find nearly three-quarters of them across just 10 countries.

Seventy-two percent of the global ultra-wealthy population (265,490 individuals) was spread across 10 countries in 2018, according to Wealth-X's 2019 World Ultra Wealth Report. The report analyzed data from Wealth-X's global database of more than one million records of the world's richest people.

Read more: These are the 15 hottest destinations billionaires are traveling to in 2019

It defines the world's ultra-wealthy population as those with $30 million or more in net worth. While the top 10 countries added a net 1,365 ultra-wealthy individuals since 2017, the combined net worth of all on the list declined by $362 billion (1.5%). However, these changes are close to the global average.

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Take a look at which countries worldwide have the biggest ultra-wealthy populations, ranked in ascending order. Note that Hong Kong ranked in both Wealth-X's top countries and top cities lists, as it's a semi-autonomous, special administrative region of China.

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10. Switzerland's rich took a hit from the late capital-market slump.

10. Switzerland's rich took a hit from the late capital-market slump.

Number of ultra-high-net-worth individuals: 6,145 (down 4%)

Total wealth: $808 billion (down 7.8%)

Switzerland attracts businesses because of its technological innovation and favorable tax rates, according to The Culture Trip.

9. Italy saw an increase in both its ultra-wealthy population and their collective wealth since 2017.

9. Italy saw an increase in both its ultra-wealthy population and their collective wealth since 2017.

Number of ultra-high-net-worth individuals: 6,270 (up 5.1%)

Total wealth: $708 billion (up 2.2%)

In addition to housing nearly 50 billionaires, Italy is home to many destinations frequented by the super rich, including the Amalfi coast, Portofino, Positano, Capri, Cinque Terre, Milan, and Venice.

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8. Hong Kong has a significantly higher density of ultra-wealthy individuals than all other countries on this list, though the number of the rich and their collective worth did see a decline.

8. Hong Kong has a significantly higher density of ultra-wealthy individuals than all other countries on this list, though the number of the rich and their collective worth did see a decline.

Number of ultra-high-net-worth individuals: 8,950 (down 10.6%)

Total wealth: $1.18 trillion (down 9%)

Hong Kong benefits from its status as a global financial center, its proximity and trading links to China, and its close ties with Europe and the US.

7. The United Kingdom experienced a rise in its ultra-wealthy population.

7. The United Kingdom experienced a rise in its ultra-wealthy population.

Number of ultra-high-net-worth individuals: 9,575 (up 2.2%)

Total wealth: $1.01 trillion (down 2.4%)

A resilient stock market and new opportunities for wealth creation factored into the UK's increase in ultra-wealthy individuals.

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6. France saw a moderate fall in total net worth compared to the previous year.

6. France saw a moderate fall in total net worth compared to the previous year.

Number of ultra-high-net-worth individuals: 10,145 (up 0.1%)

Total wealth: $1.05 trillion (down 3%)

Many French billionaires, like LVMH founder and CEO Bernard Arnault, are wealthy from success in the global luxury and fashion business, Hugh Carnegy reported for Financial Times.

5. Canada saw a decline in both its ultra-wealthy population and its collective wealth.

5. Canada saw a decline in both its ultra-wealthy population and its collective wealth.

Number of ultra-high-net-worth individuals: 10,395 (down 4.1%)

Total wealth: $1.05 trillion (down 8.8%)

Canada's wealthy are getting richer faster than the rest of the population, according to CBC.

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4. Germany witnessed an increase in its ultra-wealthy population and their collective wealth.

4. Germany witnessed an increase in its ultra-wealthy population and their collective wealth.

Number of ultra-high-net-worth individuals: 15,685 (up 4%)

Total wealth: $1.85 trillion (up 1.7%)

Germany's economic prospects fell significantly during the second half of 2018.

3. Japan saw modest falls in its ultra-wealthy population and collective net worth compared to last year.

3. Japan saw modest falls in its ultra-wealthy population and collective net worth compared to last year.

Number of ultra-high-net-worth individuals: 17,855 (down 0.3%)

Total wealth: $1.67 trillion (down 0.8%)

While wealth in Japan was affected by a weaker demand in China and downturn in the global consumer electronics cycle, strengthening of the yen against the dollar helped balance it out.

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2. China saw a rise in the number of ultra-wealthy residents since 2017, but a drop in collective wealth.

2. China saw a rise in the number of ultra-wealthy residents since 2017, but a drop in collective wealth.

Number of ultra-high-net-worth individuals: 24,965 (up 1.3%)

Total wealth: $3.76 trillion (down 1.3%)

A stock-market slump and downward currency pressure against the dollar brought wealth portfolios down.

1. The United States accounts for 31% of the global ultra wealthy population.

1. The United States accounts for 31% of the global ultra wealthy population.

Number of ultra-high-net-worth individuals: 81,340 (up 2.2%)

Total wealth: $9.84 billion (down 0.1%)

The total net worth of the ultra wealthy in the US exceeds the combined wealth of the five preceding highest-ranked countries.

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