The chart above shows the total net worth of each EU region's billionaires. The Western EU is the only region whose billionaires have a total net worth of over $1 trillion.
Findings
- The difference between the region with the highest total net worth, the Western EU, and the region with the lowest, the Eastern EU, is $1,179.9 billion.
- The Western EU has 25.84 times the billionaire net worth that the Eastern EU does.
- Bulgaria, Croatia, Estonia, Latvia, Lithuania, Luxembourg, Malta, and Slovenia do not have a single billionaire.
Caveats
- Data is from 2018.
- The Western EU consists of Germany, United Kingdom, France, Netherlands, Belgium, Austria, Ireland, and Luxembourg.
- The Southern EU consists of Italy, Spain, Portugal, Greece, Cyprus, and Malta.
- The Northern EU consists of Sweden, Denmark, and Finland.
- The Eastern EU consists of Poland, Czech Republic, Romania, Hungary, Slovakia, Bulgaria, Croatia, Slovenia, Lithuania, Latvia, and Estonia.
Summary
Germany whose billionaires have a net worth of $578.7 billion has more billionaire net worth than each of the Southern, Northern, and Eastern EU. France and the United Kingdom each have billionaires whose net worth is higher than each of the Northern and Eastern EU. Italy, Spain, and Sweden are the only other states whose billionaires have a net worth greater than the net worth of billionaires of an entire region as they each have more than the Eastern EU does.
The Westernern EU is home to nearly seven out of every ten billionaires' dollars; the Southern EU is home to almost one out of every five; the Northern EU to one out of every ten; and the Eastern EU to one out of every fifty.
Sources
Forbes. 2018. "The World's Billionaires List." Accessed October 2, 2018. https://www.forbes.com/billionaires/list/21/#version:static.