Europe is home to a significant number of the world’s billionaires,
Europe is home to a significant number of the world’s billionaires, with Germany holding the top spot on the continent and ranking fourth globally. Greece also has a notable presence in the billionaire list.
Wealth Distribbution Across Europe
Wealth inequality remains a major global issue, including in Europe. The richest 1% of the population holds at least 20% of total wealth in nearly all European countries, often exceeding 25%, according to Our World in Data.
Forbes reports that the world will have over 3,000 billionaires in 2025, with a combined net worth of $16.1 trillion (€13.7 trillion). However, this wealth is highly concentrated: the United States, China, and India alone account for over half of all billionaires and their combined wealth.
Germany leads Europe with 171 billionaires, whose combined net worth reaches €676.4 billion. Dieter Schwarz is the wealthiest individual in Germany, with €35 billion, ranking 37th worldwide according to Euro News.
Italy follows with 74 billionaires totaling €289 billion. Giovanni Ferrero is Italy’s richest, with €32.6 billion, placing 41st globally.
The United Kingdom has 55 billionaires with a combined net worth of €203 billion. Michael Platt is the wealthiest Briton at €16 billion,
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