Property values are increasing around the globe – and with a buck to be made, the number of global real estate billionaires is also rising. Nowhere is this trend more pronounced than in the emerging markets.
We released an infographic showing the spread of billionaire property tycoons worldwide. With statistics from Forbes’ Magazine’s Billionaire List 2014, the graphic reveals that three top real estate billionaires now hail from emerging markets:
- Malik Riaz, worth $1.1 USD billion, is a Pakistani real estate investor
- Andrew Gotianun, a Filipino entrepreneur, is worth $1 billion
- Wang Jianlin, listed as the wealthiest person in China by Bloomberg, worth more than $15 billion
The infographic reveals some further surprising figures about property’s super-wealthy. Of the 1645 billionaires around the globe, just 46 made their fortune in real estate.
And of the world’s billionaires, nearly 500 are native to the United States. But countries like China – which has 152 billionaires – are quickly catching up.
This year’s Billionaire List – a leading annual wealth report – had some stellar new entrants from emerging markets this year. Nigeria’s Aliko Dangote, for example, is now worth a whopping $25 billion, moving up 20 spots to break into the top 25.
See the full infographic below!