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US has most billionaires, followed by China and India on Forbes’ list

India's Mukesh Ambani, Gautam Adani and Savitri Jindal & family are in the top 50 billionaires.

Forbes Billionaires List features three Indian business tycoons in top 50. / Illustration by Neil Jamieson for Forbes

The US has a record 902 billionaires, followed by China (516, including Hong Kong) and India (205), according to the Forbes’ 2025 list released on Apr.1.

Billionaires in the United States have a combined net worth of US$6.8 trillion; China comes in second with the combined net worth of its billionaires at US$1.7 trillion. India ranks third with 205 billionaires, collectively worth $941 billion.

Forbes has added 247 more billionaires to its list this year, crossing the 3,000-mark for the first time, with a total of 3,028 rich people. They are worth a whopping $16.1 trillion, US$2 trillion more than what it was in 2024, and more than the GDP of every country in the world, excluding the US and China.

The average fortune is up by US$200 million in 2024, now at US$5.3 billion. Forbes’ Billionaires 2025 List includes a record 15 individuals with wealth exceeding 12 digits.

Elon Musk, the CEO of Tesla and SpaceX, with an estimated worth of US$342 billion tops Forbes’ billionaires list. Over the past year, the American businessman turned senior advisor to US President Donald Trump, has increased his wealth by US$147 billion.

Facebook founder Mark Zuckerberg comes in second with an estimated net worth of US$216 billion, and the executive chairman of Amazon Jeff Bezos is third with US$215 billion.

India’s Mukesh Ambani is at No.18 with net worth of US$92.5 billion, followed by Gautam Adani at 28 with US$56.3 billion. The Savitri Jindal & family is ranked 49 with a wealth of US$35.5 billion. These Indian tycoons are in the top 50 of Forbes’ Billionaires List 2025. 

The World’s Billionaires list is a ranking of every person on the planet who Forbes estimated to have a net worth of $1 billion U.S. dollars or more as of March 7, 2025.

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