Money

These are the world's 30 best countries for billionaires

Warren Buffett, Bill Gates and Sheldon Adelson.
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Warren Buffett, Bill Gates and Sheldon Adelson.

There were over 2,300 billionaires worldwide in 2016, according to the Wealth-X Billionaire Census. Most of them live in one of five countries: the United States, China, Germany, Russia and the United Kingdom.

Here are the 30 countries with the largest population of billionaires, courtesy of Wealth-X.

The U.S. was the only country of the nine largest to see a rise in either its billionaire population in 2016, according to the study.

In fact, the total net worth of all American billionaires rose to $2.6 trillion, which is equivalent to the combined billionaire wealth of Europe and the Middle East.

The census explains that the increase in American billionaire net worth was "buoyed by a stronger dollar and a robust tech sector."

Overall, the census notes that 2016 was a "challenging one for the global billionaire population." The total number of billionaires dropped by 3.1 percent to 2,397. Their combined wealth was also affected: It dropped by 3.7 percent to $7.4 trillion dollars.

This global decline occurred against a "backdrop of heightened geopolitical instability," the census explains, and also "shows a loss of momentum in recent wealth creation."

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