Billionaire Density in EU and US Regions in 2018

Oct 26, 2018
Billionaires per 100,000 Square Miles in Each EU and US Region

The chart above shows the number of billionaires per 100,000 square miles (258,999 square kilometers) in each EU and US region.  The Northeastern US has nearly double the number of billionaires of the next best region and is the only region with more than five billionaires for every 10,000 square miles (25,900 square kilometers).

Findings

  • The difference between the region with the highest billionaire density, the Northeastern US, and the region with the lowest, the Eastern EU, is 84.75 billionaires per 100,000 square miles (32.72 billionaires per 100,000 square kilometers).
  • The Northeastern US has 25.75 times the billionaires per area that the Eastern EU does.
  • Bulgaria, Croatia, Estonia, Latvia, Lithuania, Luxembourg, Malta, and Slovenia do not have a single billionaire in the EU.
  • Alabama, Alaska, Delaware, Louisiana, Mississippi, New Mexico, North Dakota, and Vermont do not have a single billionaire in the US.

Caveats

  • Data is from 2018.
  • Rates are rounded to the nearest hundredth.
  • The Northeastern US consists of New York, Pennsylvania, New Jersey, Massachusetts, Maryland, Connecticut, New Hampshire, Delaware, Maine, Rhode Island, and Vermont.
  • 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 Southern US consists of Texas, Florida, Georgia, North Carolina, Virginia, Tennessee, Louisiana, South Carolina, Alabama, Kentucky, Oklahoma, Arkansas, Mississippi, and West Virginia.
  • The Northern EU consists of Sweden, Denmark, and Finland.
  • The Western US consists of California, Washington, Colorado, Arizona, Oregon, Utah, Nevada, New Mexico, Hawaii, Idaho, Alaska, Montana, and Wyoming.
  • The Midwestern US consists of Illinois, Ohio, Michigan, Indiana, Minnesota, Wisconsin, Missouri, Iowa, Kansas, Nebraska, North Dakota, and South Dakota.
  • The Eastern EU consists of Poland, Czech Republic, Romania, Hungary, Slovakia, Bulgaria, Croatia, Slovenia, Lithuania, Latvia, and Estonia.

Details

Only the Northeastern US has nearly nine billionaires for every 10,000 square miles.  No other region comes close with the Western EU coming closest with just under five billionaires for every 10,000 square miles.  The Midwestern US and the Eastern EU are the only two regions with less than one billionaire for every 10,000 square miles.

The Northeastern US is the only region to rank in the top three in total billionaires, billionaires per capita, and billionaire density.  The Eastern EU comes in last in all three metrics.

Sources

Forbes.  2018.  "The World's Billionaires List."  Accessed October 2, 2018.  https://www.forbes.com/billionaires/list/21/#version:static.

United Nations.  2007.  "United Nations Statistics Division - Environment Statistics."  Accessed January 23, 2018.  https://unstats.un.org/unsd/environment/totalarea.htm.

United States Census Bureau.  September 2012.  "United States Summary: 2010: Population and Housing Unit Counts."  Accessed January 23, 2018.  https://www.census.gov/prod/cen2010/cph-2-1.pdf.