{"id":594096,"date":"2026-08-24T03:36:27","date_gmt":"2026-08-24T03:36:27","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/594096\/"},"modified":"2026-08-24T03:36:27","modified_gmt":"2026-08-24T03:36:27","slug":"billionaire-numbers-reach-record-high-as-wealth-remains-concentrated-malaysia","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/594096\/","title":{"rendered":"Billionaire numbers reach record high as wealth remains concentrated | Malaysia"},"content":{"rendered":"

THE number of billionaires worldwide has climbed to a record 3,428, with the latest Forbes figures showing that most of the ultra-rich remain concentrated in a small group of countries.<\/p>\n

The figures, updated on March 11, cover billionaires across 80 countries and territories.<\/p>\n

More than half of the world\u2019s billionaires are based in just three countries \u2014 the United States, China and India.<\/p>\n

The US leads by a wide margin with 989 billionaires holding a combined wealth of US$8.4 trillion (about RM34 trillion).<\/p>\n

Elon Musk remains the richest person in the US, with Forbes estimating his fortune at US$839 billion (RM3.39 trillion).<\/p>\n

China comes next with 539 billionaires and combined wealth of US$2.2 trillion (RM8.9 trillion).<\/p>\n

The country\u2019s growing technology and consumer sectors have helped produce a new generation of billionaires.<\/p>\n

Zhang Yiming, founder of ByteDance, the parent company of TikTok, is ranked China\u2019s richest with an estimated fortune of US$69.3 billion (RM280 billion).<\/p>\n

\"\"<\/p>\n

India has 229 billionaires, whose combined wealth stands at about US$1 trillion (RM4.04 trillion).<\/p>\n

Mukesh Ambani, chairman of Reliance Industries, is the country\u2019s richest at US$99.7 billion (RM403 billion).<\/p>\n

Germany ranks fourth with 212 billionaires and total wealth of about US$1 trillion.<\/p>\n

Retail businessman Dieter Schwarz tops the country\u2019s list with US$67.2 billion (RM272 billion).<\/p>\n

Russia has 147 billionaires worth a combined US$649 billion (RM2.62 trillion), led by Alexey Mordashov and his family, whose wealth is estimated at US$37 billion (RM150 billion).<\/p>\n

Italy has 89 billionaires with a combined fortune of US$483 billion (RM1.95 trillion), while Canada has 82 billionaires with total wealth of US$457 billion (RM1.85 trillion).<\/p>\n

Hong Kong recorded 71 billionaires, up from 66, with combined wealth of US$420 billion (RM1.7 trillion).<\/p>\n

Brazil saw a larger jump, with its billionaire count rising from 56 to 70. Their combined wealth is estimated at US$265 billion (RM1.07 trillion).<\/p>\n

Taiwan completes the top 10 with 66 billionaires and combined wealth of US$245 billion (RM991 billion).<\/p>\n

The latest figures point to a widening concentration of extreme wealth, with a relatively small number of countries continuing to account for a large share of the world\u2019s billionaire population. \u2013 August 23, 2026<\/p>\n","protected":false},"excerpt":{"rendered":"THE number of billionaires worldwide has climbed to a record 3,428, with the latest Forbes figures showing that…\n","protected":false},"author":2,"featured_media":594097,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[268757,24739,114,1657,184,85,207,46,20383,268756,2586],"class_list":["post-594096","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-ambani","tag-billionaires","tag-business","tag-china","tag-economy","tag-il","tag-india","tag-israel","tag-musk","tag-trillions","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/594096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=594096"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/594096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/594097"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=594096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=594096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=594096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}