The Billionaire Report

The world may be frying their brain behind the economic crisis, but for the billionaires crisis doesn’t matter. The number of billionaires has increased and so has the wealth creation.Billionaires are originating from new areas but most of them are based in London and New York.

The Wealth Report by Wealth –X says that the number of people with US$30mn or more in net assets has grown by 5% in 2012 or their number is assumed to be 8,700. Over the period of the next 10 years, there would be an addition 95,000 people are supposed to be will be added to the list of billionaires with a rise of 50% in the current net asset value of US$30mn which makes the total number of billionaires to 285,665

As per the Wealth Report by Knight Frank, there will be a growth by 96% in the number of billionaires in North America from the period of 2012-2022. HNWI population will grow by 32% in same time frame. In the US itself number of the billionaires will grow by 103%.

Africa had 35 billionaires in 2012 and will have 75 by 2020 which shows a growth by 117%. There are 543 billionaires in Asia already they will grow by 119% in 2020 and number of billionaires by 2020 will be 1191. Europe will have 1115 billionaires in 2020 that is growth by 57% than that of in 2012. In the Middle East there will be 203 billionaires and 2012 there were 140. North American billionaires in 2012 are 546 and by 2020 there will be 1146 billionaires. And in the Australasian region there will be less growth by 10% 45 in 2020. Altogether there will be 4076 billionaires in the world by 2020.

The countries where most of the billionaires live is the US, China, Germany, UK, India, Brazil, Russia, Hong Kong, Indonesia and Switzerland. The main cities billionaires prefer to live is New York, London, Tokyo, SanFrancisco, Los Angeles. Belgium, Mumbai, Hong Kong, Sao Polo, Rio de Genero, Delhi, Mexico, Osaka, Shanghai and Chicago.

In terms of investments billionaires prefer to invest more in equities, cash, gold, and government bonds where as corporate bonds were chosen less