North America still retains its status as the leading billionaire region with 32% of global share
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The North America billionaire population fell for the first time in four years.
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Asia recorded largest fall in billionaire numbers and wealth of any region in 2022
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Europe's billionaire population declined by 2.2%
Singapore made the strongest gains in billionaires, now home to 54 (vs. North America’s 1,011).
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Top billionaire cities in the US include NY, SF, LA, and CHI
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Top billionaire Asian cities include Hong Kong and Beijing
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Top billionaire positions are held by US, China, Germany, UK, India, and Russia
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Top billionaire cities nationwide include NY, Hong Kong, SF, Moscow, London, Beijing, and LA
Those with wealth in aerospace, defense, construction, engineering, and food & beverage showed growth despite the overall decline
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Billionaires in tech, healthcare, and real estate lost more than 5% of their wealth in 2022.
2022 brought with it the first annual decline in the billionaire population since 2018 (1).
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Billionaire population fell by 3.5% to 3,194 individuals
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Total wealth declined by 5.5% to $11.1 trillion
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This was the second largest annual fall in the past decade, partially due to a double digit surge in 2021
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The fall is likely due to our emergence from the global pandemic, the new war in Europe, general inflation, and deepened US / China tensions
