Number of Billionaires in EU and US States in 2018

Oct 5, 2018
Number of Billionaires in Each EU and US State

The chart above shows the number of billionaires in each EU and US state.  California, Germany, and New York are the only states to have more than 100 billionaires.

Findings

  • The difference between the state with the most billionaires, California, and the states with the least (that do have billionaires): Hawaii, Hungary, Idaho, Iowa, Kentucky, New Hampshire, Portugal, Romania, Slovakia, South Carolina, South Dakota, Utah, and West Virginia is 144.
  • California has 145 times the billionaires that Hawaii, Hungary, Idaho, Iowa, Kentucky, New Hampshire, Portugal, Romania, Slovakia, South Carolina, South Dakota, Utah, and West Virginia each do.
  • The median number of billionaires in the 28 EU states is 5.00 and the mean 14.00.
  • The median number of billionaires in the 50 EU states is 4.50 and the mean 11.74.
  • The median number of billionaires in the 78 EU and US states is 4.50 and the mean 12.55.
  • California and Germany have just over one-quarter of all the billionaires in the EU and US.
  • California, Germany, New York, the United Kingdom, Texas, and Florida account for half the billionaires in the EU and US.
  • Alabama, Alaska, Bulgaria, Croatia, Delaware, Estonia, Latvia, Lithuania, Louisiana, Luxembourg, Malta, Mississippi, New Mexico, North Dakota, Slovenia, and Vermont do not have a single billionaire.

Caveats

  • Data is from 2018.
  • Individuals on this list are people with a net worth of over one billion US dollars.

Details

Three-quarters of the billionaires in the EU and the US reside in 14 of the 78 states: California, Germany, New York, the United Kingdom, Texas, Florida, Italy, France, Sweden, Spain, Connecticut, Illinois, Massachusetts, and Washington.

Both the EU and the US have eight states each without a single billionaire.

Sources

Forbes.  2018.  "The World's Billionaires List."  Accessed October 2, 2018.  https://www.forbes.com/billionaires/list/21/#version:static.