According to the 2023 M3M Hurun Global Rich List, India is ranked third in terms of the number of billionaires. However, China has almost five times more billionaires than India. The list shows that India has 105 self-made billionaires, ranking third in this category. The combined wealth of these billionaires is $381 billion, according to the Hurun list. India’s proportion of the world’s billionaires has been consistently rising over the past five years, and it now accounts for 8% of the total global billionaire population, compared to 4.9% five years ago. Among these billionaires, 57% are self-made.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
| Rank | Country | Number of Self-made billionaires | Cumulative wealth (US$bn) |
| 1 | China | 891 | 3,014 |
| 2 | USA | 496 | 3,093 |
| 3 | India | 105 | 381 |
| 4 | UK | 99 | 368 |
| 5 | Russia | 70 | 374 |
| 6 | Switzerland | 41 | 167 |
| 7 | Germany | 38 | 137 |
| 8 | Australia | 32 | 122 |
| 9 | France | 29 | 123 |
| 10 | Canada | 28 | 80 |
According to the 2023 M3M Hurun Global Rich List, the number of billionaires in the world has decreased for the second time in ten years, with five billionaires being lost every week in the previous year. This year’s ranking includes 3,112 billionaires, which is a decrease of 269 compared to last year when the figure was 3,384. The two countries with the highest number of billionaires are China and the United States, which together account for 53 percent of the world’s billionaires.
You may also read this:
Find More Ranks and Reports Here
The ICC U19 Women’s T20 World Cup 2027 is set to commence on January 21,…
Iodine Deficiency Day or World Iodine Deficiency Disorders Prevention Day is celebrated on October 21…
There is an imported case of the Bundibugyo strain of the Ebola virus in the…
On October 21, 2026, the Drugs Controller General of India (DCGI) approved Zytorvi (toripalimab) in…
India was ranked third in the Ipsos Quality of Care Perception Index 2026 after Malaysia…
Jamnagar is a coastal city in the state of the Gujarat and it is emerging…