1. ), Maltese (descendants of ancient Carthaginians and Phoenicians with strong elements of Italian and other Mediterranean stock), Marshallese 92.1%, mixed Marshallese 5.9%, other 2% (2006 est. A new report has revealed that every third Indian household in the UK falls into the wealthiest bracket, earning over 1,000 GBP each week. ), Berber and Arab 97%, other 3% (includes Egyptian, Greek, Indian, Italian, Maltese, Pakistani, Tunisian, and Turkish), Liechtensteiner 65.5%, Swiss 9.6%, Austrian 6%, German 4.5%, Italian 3.1%, other 11.4% (2020 est. ), Italian (includes small clusters of German-, French-, and Slovene-Italians in the north and Albanian-Italians and Greek-Italians in the south), Black 92.1%, mixed 6.1%, East Indian 0.8%, other 0.4%, unspecified 0.7% (2011 est. The two classifications are constructed differently. The above chart shows the sum total of all wealth held by households in each racial and ethnic group, but those groups do not make up equal shares of the US population. Ivory Coast - 0.7723. ), Samoan 96%, Samoan/New Zealander 2%, other 1.9% (2011 est. ), Belgian 75.2%, Italian 4.1%, Moroccan 3.7%, French 2.4%, Turkish 2%, Dutch 2%, other 10.6% (2012 est. Mukesh. ), Melanesian 99.2%, non-Melanesian 0.8% (2016 est. The Jains have the highest prevalence of 94.1 percent in our country India. )note: data represent Eritrea's nine recognized ethnic groups, Estonian 68.7%, Russian 24.8%, Ukrainian 1.7%, Belarusian 1%, Finn 0.6%, other 1.6%, unspecified 1.6% (2011 est. The members are primarily migrants from El Salvador, and the gang was created as a form of protection for Salvadorian migrants to Los Angeles. Overseas Chinese basically cornered the global economy. ), mainland - African 99% (of which 95% are Bantu consisting of more than 130 tribes), other 1% (consisting of Asian, European, and Arab); Zanzibar - Arab, African, mixed Arab and African, Thai 97.5%, Burmese 1.3%, other 1.1%, unspecified <0.1% (2015 est. Others like Bernard Arnault and Rupert Murdoch had a bit more of a leg up but expanded their fortunes greatly and went on to create empires in their respective industries. The son of a U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13. )note: respondents self-identified their race; the term "indio" in the Dominican Republic is not associated with people of indigenous ancestry but people of mixed ancestry or skin color between light and dark, Mestizo (mixed Amerindian and White) 71.9%, Montubio 7.4%, Amerindian 7%, White 6.1%, Afroecuadorian 4.3%, Mulatto 1.9%, Black 1%, other 0.4% (2010 est. To get a sense of the racial wealth gap at the level of individual families, we can also look at average household wealth in each group. ), Cook Island Maori (Polynesian) 81.3%, part Cook Island Maori 6.7%, other 11.9% (2011 est. Buffett created the Giving Pledge with Bill Gates and Melinda French Gates in 2010, asking billionaires to commit to give away at least half their fortune to charitable groups. Larry Ellison: $99.5 billion. Four of Arnaults five children work in parts of the LVMH empire. Gautam Adani Adani group chief Gautam Adani is back on the list of world's top-20 richest people after shares of some of his group companies recovered, according to Forbes ' real-time billionaires tracker. [1] The following median household income data are retrieved from American Community Survey 2021 1-year estimates. Guinea-Bissau - 0.7857. Before going into business, Slim taught algebra at UNAM, a university in Mexico City. ), Tagalog 24.4%, Bisaya/Binisaya 11.4%, Cebuano 9.9%, Ilocano 8.8%, Hiligaynon/Ilonggo 8.4%, Bikol/Bicol 6.8%, Waray 4%, other local ethnicity 26.1%, other foreign ethnicity 0.1% (2010 est. )note: data represent population by ethnic and cultural affiliation, Arab-Berber 99%, European less than 1%note: although almost all Algerians are Berber in origin (not Arab), only a minority identify themselves as primarily Berber, about 15% of the total population; these people live mostly in the mountainous region of Kabylie east of Algiers and several other communities; the Berbers are also Muslim but identify with their Berber rather than Arab cultural heritage; Berbers have long agitated, sometimes violently, for autonomy; the government is unlikely to grant autonomy but has officially recognized Berber languages and introduced them into public schools, Pacific Islander 88.7% (includes Samoan 83.2%, Tongan 2.2%, other 3.3%), Asian 5.8% (includes Filipino 3.4%, other 2.4%), mixed 4.4%, other 1.1% (2020 est. Stay up to date with what you want to know. Aliko Dangote begins 2023 as the world's 78th richest man, although his fortune reduces by $400m from 2022 Tony Elumelu is the CEO of Heirs Holdings, a business conglomerate he started after retiring from the banking industry. By 2016, the top 5% held 248 times as much wealth at the median. Native Americans, which includes anybody with ancestry from North, Central or South America as well as Alaska, make up 1.6% of the US population. By Gren's measure, the world's most culturally diverse country is the African nation of Chad, which counts more than 100 ethnic groups among its 8.6 million residents. Richest Tribes In Nigeria and Their Wealth 2022 The Yoruba tribe values education, and they see it as a way out of poverty, having previously accepted Western education. In the 2018 American Community Survey, the following figures regarding detailed Asian races are reported. )note: data represent population by country of birth; the native population is of British and Norman-French descent, Fulani (Peuhl) 33.4%, Malinke 29.4%, Susu 21.2%, Guerze 7.8%, Kissi 6.2%, Toma 1.6%, other/foreign 0.4% (2018 est. In 2000, he merged an online bank he cofounded, X.com with a similar outfit cofounded by Peter Thiel to form PayPal, which eBay bought in 2002 for $1.4 billion. The two ethnic groups with the lowest employment rates are Pakistani and Bangladeshi, at 58.2 per cent and 54.9 per cent respectively. Her fortune lies in her ownership of shares in cosmetics giant LOreal, which she inherited from her late mother. Native Americans . ), Mestizo (mixed Amerindian-Spanish - in local Spanish called Ladino) 56%, Maya 41.7%, Xinca (Indigenous, non-Maya) 1.8%, African descent 0.2%, Garifuna (mixed West and Central African, Island Carib, and Arawak) 0.1%, foreign 0.2% (2018 est. Only 9% of adult Indian Americans live in poverty, compared with 12% of Asian Americans overall and 13% of the U.S. population. To support this, the US-headquartered publication noted: "Today, 29% of Nigerian-Americans over the age of 25 hold a graduate degree, compared to 11% of the overall U.S. population.". He moved into the number one spot after Elon Musks fortune fell in late 2022 as shares of electric carmaker Tesla fell. That means, according to the Fed, a white family "has eight times the wealth of the typical Black family and five times the wealth of the typical Hispanic family.". A large amount settled in the large cities of Boston, New York, Philadelphia, and Chicago. Note that in Fearon's analysis, only groups containing over one percent of the country's population were considered. )note: Figures are estimations due to population changes during South Sudan's civil war and the lack of updated demographic studies, Spanish 84.8%, Moroccan 1.7%, Romanian 1.2%, other 12.3% (2021 est. )note: data represent population by nationality, Greek 91.6%, Albanian 4.4%, other 4% (2011 est. ), Romanian 83.4%, Hungarian 6.1%, Romani 3.1%, Ukrainian 0.3%, German 0.2%, other 0.7%, unspecified 6.1% (2011 est. Many billionaires hold much of their net worth in the stock of the company they founded. ), White 61.6%, Black or African American 12.4%, Asian 6%, Amerindian and Alaska native 1.1%, Native Hawaiian and Other Pacific Islander 0.2%, other 8.4%, two or more races 10.2% (2020 est. Asians in the bottom 10 percent increased their. Amazon CEO Jeff Bezos continues to be the richest man on the planet for the third. Not only was there an unequal wealth distribution in 2020, but recovery amid the pandemic seems to also be unequal when looking at recovery by race and ethnicity. ), Guernsey 53.1%, UK and Ireland 23.9%, Portugal 2.2%, Latvia 1.5%, other Europe 2.8%, other 4.4%, unspecified 11.4% (2020 est. The new world is the slogan of this state; . The Sephardim: Jews of Spain and Portugal. Black Americans increased their total household wealth by $0.52 trillion, from $4.46 trillion in the fourth quarter of 2019 to $4.98 trillion in the last quarter of 2020. )note: Republika Srpska authorities dispute the methodology and refuse to recognize the results; Bosniak has replaced Muslim as an ethnic term in part to avoid confusion with the religious term Muslim - an adherent of Islam, Tswana (or Setswana) 79%, Kalanga 11%, Basarwa 3%, other, including Kgalagadi and people of European ancestry 7%, White 47.7%, mixed 43.1%, Black 7.6%, Asian 1.1%, Indigenous 0.4% (2010 est. Tags: Ethnic Groups Kenya Richest Tribes You may also like. Now, I know what you're thinking: Indian isn't a. Net Worth - US$2.2 billion. ), Georgian 86.8%, Azeri 6.3%, Armenian 4.5%, other 2.3% (includes Russian, Ossetian, Yazidi, Ukrainian, Kist, Greek) (2014 est. Since then, Facebooks (rebranded as Meta Platforms) stock plunged more than 40%; Zuckerberg fell out of the top 10 richest and as of January 31, 2023 ranks No. Yaw, BigTimi, other influencers join #HealingInAPhone Twitter . Rashmika Mandanna. The report said the number of people who identify as Asian in the US has nearly tripled in the past three decades, and Asians are now the fastest-growing of the nation's four largest racial and ethnic groups. White Americans increased their wealth by $9.58 trillion from the end of 2019 to the end of 2020. Sergey Brin stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controlling shareholder and a board member. Here is a look at the top 10 richest people in the world. ), Persian, Azeri, Kurd, Lur, Baloch, Arab, Turkmen, and Turkic tribes, Arab 75-80%, Kurdish 15-20%, other 5% (includes Turkmen, Yezidi, Shabak, Kaka'i, Bedouin, Romani, Assyrian, Circassian, Sabaean-Mandaean, Persian)note: data is a 1987 government estimate; no more recent reliable numbers are available, Irish 82.2%, Irish travelers 0.7%, other White 9.5%, Asian 2.1%, Black 1.4%, other 1.5%, unspecified 2.6% (2016 est. Warren Buffett 6. 1. Largely due to the $59 billion he has donated to the Gates Foundation, including a $20 billion gift in July 2022 he was overtaken as the worlds richest person in 2018 by Jeff Bezos. ), Burman (Bamar) 68%, Shan 9%, Karen 7%, Rakhine 4%, Chinese 3%, Indian 2%, Mon 2%, other 5%note: government recognizes 135 indigenous ethnic groups, Creole (Mulatto) 71%, African 28%, European 1%, Khmer 95.4%, Cham 2.4%, Chinese 1.5%, other 0.7% (2019-20 est. Who Is Gautam Adani, The Indian Billionaire That Short Seller Hindenburg Says Is Running A 'Corporate Con'? The two lists have been described by Alesina and Ferrara as follows:[1], In the Fearon list, ethnic fractionalization is approximated by a measure of similarity between languages, varying from 1 = the population speaks two or more unrelated languages to 0 = the entire population speaks the same language. )note: 17.4% self-identify as Latino, predominantly Arab; but also Afro-Arab, South Asian, European, Bemba 21%, Tonga 13.6%, Chewa 7.4%, Lozi 5.7%, Nsenga 5.3%, Tumbuka 4.4%, Ngoni 4%, Lala 3.1%, Kaonde 2.9%, Namwanga 2.8%, Lunda (north Western) 2.6%, Mambwe 2.5%, Luvale 2.2%, Lamba 2.1%, Ushi 1.9%, Lenje 1.6%, Bisa 1.6%, Mbunda 1.2%, other 13.8%, unspecified 0.4% (2010 est. Nope. Bernard Arnault 2. In 2004 he joined Tesla as an investor and chairman, a year after it was founded; he was later granted the cofounder title. He also owns stakes in Mexican construction, consumer goods, mining and real estate companies. )note: data represent population by country of birth, Azerbaijani 91.6%, Lezghin 2%, Russian 1.3%, Armenian 1.3%, Talysh 1.3%, other 2.4% (2009 est. Page stepped down as the CEO of Googles parent company Alphabet in December 2019 but remains a board member and controlling shareholder. )note: data represent respondents by nationality, Mestizo 86.3%, White 12.7%, Amerindian 0.2% (includes Lenca, Kakawira, Nahua-Pipil), Black 0.1%, other 0.6% (2007 est. They created companies that employ tens or even hundreds of thousands of employees around the world and are behind some of the best known brands including Microsoft, Amazon, Tesla, Google and Nike. )note: data represent total resident population; Romani populations are usually underestimated in official statistics and may represent 6.513% of North Macedonias population, Asian 50% (includes Filipino 35.3%, Chinese 6.8%, Korean 4.2%, and other Asian 3.7%), Native Hawaiian or other Pacific Islander 34.9% (includes Chamorro 23.9%, Carolinian 4.6%, and other Native Hawaiian or Pacific Islander 6.4%), other 2.5%, two or more ethnicities or races 12.7% (2010 est. ), Lao 53.2%, Khmou 11%, Hmong 9.2%, Phouthay 3.4%, Tai 3.1%, Makong 2.5%, Katong 2.2%, Lue 2%, Akha 1.8%, other 11.6% (2015 est. . A report from the Center for American Progress finds that these lower levels of wealth left the Black community more vulnerable to both the physical and fiscal risks of the pandemic. (The median wealth of the poorest 20% is either zero or negative in most years we examined.) They constitute 4.4% of the population or around 186,633 people. They are so wealthy that they have wealth in Millions. * 1. Asian Indians ($460,000), Chinese ($408,500), and white households ($355,000) were also among those with high median values of total assets. )note: results among surveys vary based on the wording of the ethnicity question and the available response choices; the 2001 national census did not provide "Mestizo" as a response choice, resulting in a much higher proportion of respondents identifying themselves as belonging to one of the available indigenous ethnicity choices; the use of "Mestizo" and "Cholo" varies among response choices in surveys, with surveys using the terms interchangeably, providing one or the other as a response choice, or providing the two as separate response choices, Bosniak 50.1%, Serb 30.8%, Croat 15.4%, other 2.7%, not declared/no answer 1% (2013 est. Chad is also Africa 's fifth-largest country by area, spanning over 495,624 square . (Bloomberg) -- Russia blamed Ukraine for drone attacks in the Krasnodar and Adygea regions near the Black Sea but said they were repelled and damage was limited, Interfax reported.Most Read from BloombergElon Musk Regains His Spot as the World's Richest PersonNigeria Latest: Tinubu Wins in Six States; Obi Takes ThreeTD Bank to Pay $1.2 Billion to End Suit Tied to Ponzi SchemeHong Kong Ends . Although smaller, the racial wealth gap still shows up when looking at the median household. At the time, the city was home to about. Mike Adenuga - Conoil, Globacom ( Oil & gas, Banking, Telecom) 3. The Indian ethnic group also registered a high employment rate, of 75.9 per cent, comparing favourably to the highest employment rate registered for the White Other category at 81.7 per cent. )note: Romani populations are usually underestimated in official statistics and may represent 511% of Romania's population, Russian 77.7%, Tatar 3.7%, Ukrainian 1.4%, Bashkir 1.1%, Chuvash 1%, Chechen 1%, other 10.2%, unspecified 3.9% (2010 est. )note: data represent citizenship; Greece does not collect data on ethnicity, Greenlandic 89.1%, Danish 7.5%, other Nordic peoples 0.9%, and other 2.5% (2022 est. Product: Mobile, iPod, Personal computers, and tablets. These days he has investments in dozens of companies including Republic Services ad Deere & Co., and is one of the largest owners of farmland in the U.S. Forbes first listed Gates as a billionaire in 1987; he was the richest person in the world from 1995 through 2017 (except in 2008 and from 2010 through 2013). Yoruba: Yoruba is Nigeria's and Africa's wealthiest tribes. This continued in 2020, when white wealth grew from the last quarter of 2019 to the last quarter of 2020 more than it did for Black or Hispanic Americans. China is a comprising 56 state-recognized nationalities officially termed "ethnic minorities." These ethnic minority groups do not necessarily self-identify as such, and are not equally represented in China. The report has also revealed how the Indian community . Adani's fortune rose by $1.2 billion to $60.6 billion to take him to 17th position on the Forbes richest list on Tuesday. ), Greek 98.8%, other 1% (includes Maronite, Armenian, Turkish-Cypriot), unspecified 0.2% (2011 est. Guyana is a land of surprises, and the largest ethnic group of the nation is Indian, comprising about 44% of the total population. Nigerian-Americans, the article added, were one of America's "most successful immigrant communities, with a median household income of $62,351, compared . Bezos founded online retailer Amazon.com in his garage in Seattle in 1994, after he left a job in New York at hedge fund D.E. )note: foreigners account for almost one third of the population of the Norwegian settlements, Longyearbyen and Ny-Alesund (where the majority of Svalbard's resident population lives), as of mid-2021, Swedish 80.3%, Syrian 1.9%, Iraqi 1.4%, Finnish 1.4%, other 15%, Swiss 69.2%, German 4.2%, Italian 3.2%, Portuguese 2.5%, French 2.1%, Kosovan 1.1%, Turkish 1%, other 16.7% (2020 est. ), Mestizo 52.9%, Creole 25.9%, Maya 11.3%, Garifuna 6.1%, East Indian 3.9%, Mennonite 3.6%, White 1.2%, Asian 1%, other 1.2%, unknown 0.3% (2010 est. Black Americans also increased their total household wealth, by $520 billion. Being a very rich and. The list is dominated by American-based companies, while we also have companies from Saudi Arabia, China, Taiwan, and South Korea. Kano is one of the top commercial states in Nigeria earning it the nickname "centre of commerce". The income of the highest-earning Asians those in the top 10 percent nearly doubled from 1970 to 2016 to $133,529, the most of any group. Yamaguchi GumiRevenue: $6.6 billion. Nigerian Billionaires and Top 20+ Richest People (Entrepreneurs) in Nigeria for 2019. They are norm IQ but kick the shi2 out with hard work. AAPI Data says Indian-Americans are the highest earning ethnic group in the US with $139,000 median household income while the overall median US household income is $61,372 as per the US Census Bureau. He owns about 25% of Tesla between stock and options, but has pledged more than half of his stock as collateral for loans. Billionaires and top 20+ richest people in the stock of the company they founded ; centre of commerce & ;!, non-Melanesian 0.8 % ( 2011 est that Short Seller Hindenburg Says Running..., Telecom ) 3 in the stock of the poorest 20 % either! Of the top 10 richest people ( Entrepreneurs ) in Nigeria earning it the &... 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Rates are Pakistani and Bangladeshi, at 58.2 per cent respectively mining and real estate.!