Israel has more self-made billionaires than the United States new study showsBy Mason White 12:16 PM May 2, 2014
|Pile of U.S. dollars illustration|
By: Devansh Dutt
If you want to increase your chances of becoming a billionaire you should consider moving to Israel, according to new research that was made public this week.
The Centre For Policy Studies of the United Kingdom, found that there are 1.788 self-made billionaires per one million residents in Israel, while the United States recorded just 1.338 self-made billionaires per one million residents.
The Centre For Policy Studies calls these self-made billionaires “Super Entrepreneurs.” The country with the most Super Entrepreneurs is Hong Kong, with 2.831 self-made billionaires per one million residents. Israel was ranked in second place followed by the United States, Switzerland and Singapore.
Mexico, was ranked at the bottom of the list with just .056 Super Entrepreneurs. The E.U. average came in at .30.
“The analysis of the self-made rich suggests that the vast amount have gathered their wealth through entrepreneurship, in the process creating wealth for society at large. Many of the self-made billionaires come from humble backgrounds and have gained their wealth through hard work and innovative ideas,” The Centre For Policy Studies said in its report.