I took a look at the latest statistics on the distribution of billionaires among countries for 2025. It turns out that the number of billionaires varies greatly by country. America clearly leads with 870 billionaires, while China holds second place with 823. The difference isn't that big, to be honest.

What surprised me is that India is already in third place with 284 billionaires. The number of billionaires in Asia is growing noticeably faster than in Europe. Britain, Germany, and Switzerland together don't reach India's figure. Russia is also on the list with 89 wealthy individuals.

If we look at the full ranking, the top 20 mainly includes developed economies plus growing Asian markets. Brazil, Indonesia, Thailand — all are gaining positions. It will be interesting to see how the distribution of billionaires by country looks in a couple of years. It seems the center of gravity of global capital is slowly shifting eastward.