What Makes The Billion Dollar Club Tick?

Number of Billionaires by Country. Source: IDTLab
Total Net Worth of Billionaires by Country. Source: IDTLab
Countries by Population
Countries by Gross Domestic Product
Correlation of number and network of billionaires with different parameters. Source: IDTLab
  1. Population of the country is only mildly significant in increasing your chances of being a billionaire while the significance is even lower in predicting how much you’d actually be worth in billions.
Correlation Plot for Number of billionaires and population of their countries of residence. Correlation coefficient is 0.628
Correlation plot for GDP and number of billionaires. Pearson correlation coeffieicnt = 0.976
Line graph for GDP of a country and number of billionaires in that country. The higher the GDP, the higher the number of ultra net worth individuals.
Graph for GDP and total net worth of individuals from the country. Correlation coefficient = 0.98
No correlation between GDP per capita and the number of billionaires in that country

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Phelix Juma

Phelix Juma

Founder, Techpreneur, Engineer and Data Scientist