Mr. Gates, 60, spends most of his time at his 66,000-square-foot . Median home value: $148,100. a very large fraction (larger than "normal" for a wealthy democracy) of wealth is owned by a tiny elite. Billionaires are a constant across the United States. Hangzhou took over the tenth place from Singapore . (Image: Shutterstock) The total number of millionaires in the US is 20.27 million. Herb Simon, owner of the Indiana Pacers, is No. Details about the calculations are provided in the net worth analysis on each billionaire . Most of the revenue generated from this tax would come from four individuals that live in Washington, Jeff Bezos, Bill Gates, MacKenzie Scott and Steve Ballmer. The top spot goes to Jeff Bezos, the founder of Amazon, who rode the wave of e-commerce to the bank. Answer (1 of 13): The wealthiest people in the world tend to live near centers of government (Beijing, London, Moscow), banking/financial centers (New York, Chicago, Hong Kong), or industry hubs (like Silicon Valley and Houston). Tuesday February 9, 2021 • Jeff Hoopes, UNC. The seven richest Indian Americans on the 2020 Forbes 400 list of American billionaires have a collective wealth of $22.4 billion. With only 3.62% of residents out of work, and the average household bringing in $74,197 a year, Utah is quite the rich place. New York is next as the most populous location with 58 billionaires, followed by Hong Kong with 40. Concentration of millionaires: 4.69%. Four of the nation's top ten richest people live in this San Francisco Bay tech hub. A total of 11 billionaires live in Palm Beach with a combined net worth of $61.6 billion. Nati Harnik/AP / Shutterstock.com. There were just 424 billionaires in 2012, Forbes found, and only 243 a decade before that. By 1937, that fortune was worth $1.4 billion. #2 - $93,774 - Wheaton, MD. Washington is the only state that is home to two $100-billion-plus billionaires: Jeff Bezos and Bill Gates. You can see their impact on the stats. 17 East 79th Street. Bezos' net worth totaled $190.6 billion (as of Jan. 28, 2021) at the age of 57. According to Forbes, ranked 84th in wealth in the United States. That's pretty significant since the metropolitan population of Naples is at just over 321,500. Henry Kravis. Per Forbes (March 2022); Rank Country/Territory Number of billionaires Number of billionaires per million people World: 2,668: 0.35 1 United States 735: 1.853 2 Mainland China 539: 0.276 3 India 166: 0.101 Distribution of billionaires in the U.S. by gender 2020. Larry Ellison: Co-Founder and CEO of Oracle. when it comes to country level the US boasts the most with 5,231 in 2012 - a figure WealthInsight expects to . Jim Irsay, owner of the . U.S. universities ranked by . In fact, Forbes notes that these 20 cities are home to more than one-third of the world's billionaires. The Richest of the Rich. The number of millionaires in Naples is just over 9% of the population, which is pretty impressive for any southern city. Rank: 48 (Unchanged from last year) Median income for all households: $50,247. Median income for all households: $94,027. Visit Website. . According to the Fortune, Facebook, paid a reported $7.3 million way back 2017 per founder Mark Zuckerberg's personal security detail. 0. And where do the world's billionaires live? "Despite the Covid-19 pandemic, America's super-rich . As of March 2021, California was the U.S. state with most billionaires, with 189 billionaires calling the sate home. According to Forbes, ranked 4th in wealth in the United States. Remember, Las Vegas is in the dessert. Some cities have some obvious billionaires that come to mind. Asia has the third most billionaires, followed by the Middle East, Latin America and the . The United States accounts for 25 percent of the global billionaire population, Wealth-X finds though it's home to just over 4 percent of the world's total population. Asia. Net worth: $40 billion. Getty Images. $269.2B. Per Forbes (March 2022); Rank Country/Territory Number of billionaires Number of billionaires per million people World: 2,668: 0.35 1 United States 735: 1.853 2 Mainland China 539: 0.276 3 India 166: 0.101 Beijing's richest billionaire is the founder of TikTok (among other things), Zhang Yiming with a net worth of $35.6 billion. As Amazon continues to expand into different markets like entertainment and even grocery stores, his wealth shows no signs . During the Covid-19 world pandemic period, the richest people in the UK did not encounter a downtime on amassing their wealth. Owner: Larry Ellison, Net worth $39.5 billion. ProPublica reported the income taxes they paid amounted to just 3.4% of that new net worth. Basically, every year the U.S. would levy a tax on the unrealized gains of assets held by billionaires. Distribution of billionaires in the U.S. by gender 2020. The 400 richest people in America are worth a combined $3.2 trillion, according to the 2020 Forbes 400 List. 13 of the billionaires in the state live in Chicago. 8.5%. America's Top 20 Billionaires Ranked. Of Palm Beach residents with a minimum 10-figure net worth, Thomas Peterffy is the wealthiest, worth an . San Francisco Bay Area has 71 billionaires, which is about 3.9 per cent of the world's total number of billionaires. That rise of the billionaire class is made stark in a new report that . New York comes in No. . As of May 4, 2022. New York was second . Live webinars & recordings . This is a list of U.S. states and federal district by the number of billionaires as of 15 Sep 2020; the total of 642 billionaires includes 19 persons whose state of residence is unknown at 15 Sep 2020, most of whom hold dual U.S. citizenship. The two wealthiest, Robert F. Smith and Kanye West, both have net worths north of $6 billion. 3. IndiGo co-founder Rakesh Gangwal, who topped the list of wealthiest Indian-origin Americans in 2018 and 2019, has dropped to the fifth rank on Forbes 2020. The ranking includes 2,153 people who have a combined wealth of $8.7 . The Forbes 400 is our annual ranking of the richest Americans. Show all statistics (4) Demographics. On the wealthy side of the distribution, incomes escalate quickly. The world's fifth-richest man has spent hundreds of millions on homes, including the recent purchase of a 240-acre estate boasting a private golf course, resort-style pool and amphitheater. For a detailed methodology and an explanation of our . Bezos' net worth totaled $190.6 billion (as of Jan. 28, 2021) at the age of 57. 76% of US millionaires are white. Michael Bloomberg. Coast of Florida , home of the very rich! Millionaire Statistics (Editor's Pick): The United States added 2,251,000 new millionaires from 2019 to 2020. Every day isn't a wild party with entertainment from Beyoncé, bottomless Dom Perignons, and free Ferraris for everyone. The U.S. added 50 billionaires during this period, increasing from 614 to 664. The richest people in America 2021. Bill Gates, 62, worth $90 . Whether or not high inequality is brag-worthy is quite another question. At 21, Kylie Jenner may be among the most newsworthy additions to Forbes' annual list of billionaires, but familiar names - Jeff Bezos, Bill Gates and Warren Buffett - remain atop the 2019 . In fact . Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee. According to the 2021 Forbes World Billionaire List, after the United States and China is Germany with 107 billionaires, India with 102, Russia with . He's made his fortune with casinos and he lives in the casino capital of North America: Las Vegas. America is now home to almost 800 billionaires, a record high that accounts for more than a quarter of the world's megarich. 17 East 79th Street. The total wealth of U.S. billionaires grew by $1.3 trillion during the roughly first eleven months of the coronavirus pandemic -- a 44% spike in wealth. Billionaires are ranked by the population of their towns, and ties . (212) 758-5700. Former NYC Mayor Michael Bloomberg — founder of the Bloomberg media empire — made headlines in 2002 when . The town of 152569 high-priced residents has a median income of $150,464 and a median home value of $1397200.0. Union, South Dakota. The top spot goes to Jeff Bezos, the founder of Amazon, who rode the wave of e-commerce to the bank. That figure rose $240 billion from a year ago, despite the coronavirus pandemic. 1. No wonder rich tech executives and investors have landed in Sunnyvale. The EPI study says the top 1 percent . Purchase Price: $42.9 million. In fact, there are more . The analysis estimated billionaires paid 8.2% of their income between 2010 and 2018, including on forms of income that go largely untaxed — lower than the rates paid by most Americans. . Silicon Valley: Mark Zuckerberg, Larry Ellison, Larry Page and Sergey Brin. Las Vegas is home to the richest man in Nevada and the richest man is: Sheldon Adelson, owner of the Las Vegas Sands, a luxury resort chain. David Koch. In fact, there are about 12,300 millionaire households in the area. Adjusted for inflation in 2016, that would have translated into $21 billion. 2. On a per-capita basis USA. Illinois has 17 billionaires with a combined net worth of $43.9 billion. Billionaires by State: Stats and Facts (Editor's Choice): About 600 billionaires live in the USA. For instance, if a billionaire's $1 million investment in a particular stock doubled to $2 . The majority of billionaires in the state are drawn from . Florida is home to 52 billionaires, according to Forbes' 33rd annual ranking of the world's billionaires released Tuesday. 17 East 79th Street. 10. 1 with 105 and Hong Kong at No. Sure, Utah ranks as the second richest state in the country. And about an hour north, you'll find San Francisco, the crown jewel of the Bay Area. While it's unclear if politician Andrey Vavilov still owns a home in New York City, he did, at one point, have two trophy properties under his belt: a penthouse at the Time Warner Center, and a . There are 788 billionaires in the United States. Facebook co-founder and CEO Mark Zuckerberg is perhaps the most famous of Silicon Valley's current . He has a lavish mansion in Las Vegas. The Asian country added 33 new billionaires, while New York added seven in the year gone by. U.S. universities ranked by . Here, take a look at the residences the six richest moguls call home: 1. The founder of Microsoft has pursued various philanthropic causes under their own non-profit foundation. Purchased from former billionaire Edra Blixseth. Gates lives in the Seattle, Washington, area, which does not have the 14 other billionaires, so his hometown misses this map, as does Slim's Mexico City, and Buffett's Lincoln . Hangzhou (China) The Chinese city of Hangzhou, capital of the coastal province of Zhejiang, is home of 47 billionaires, 21 more than in 2020. Here in Utah, things couldn't be more… odd. 2) In the past decade San Francisco has seen huge . Billionaires live here! 6 - 10. America's 25 wealthiest people got $401 billion richer from 2014 to 2018, according to Forbes. October 28, 2019 at 2:30 pm EDT. Here are the top 10 richest cities based on average income per person. 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