At the end of every passing year the world count of billionaires in the keeps increasing particularly the trend says that after the downturn of recession robust increase in the numbers observed.

The Billionaires are is no longer dominated only first world countries, and now the tide has turned towards the third world countries.

As per the Wealth Report, published by Knight Frank and Citi Private Bank, USA still stands at top for the country with the most billionaires. There are new billionaires as well that come from emerging country such as India and Russia.

The top ten countries with the most billionaires are as follows

United States of America:

USA enjoying top slot with as much as 396 billionaires are from their soil. With the population of about 307,006,550, the USA has established them as the largest and most technologically powerful economy in the world.

However it is in a country of economic slump, but its dominance in world economy is maximum it is still a leading importer of goods and services in the world.

The notable high-net-worth individuals (HNI) of the country are Bill Gates, Chairman of Microsoft, Warren Buffett, Chairman and CEO of Berkshire Hathaway,Larry Ellison, CEO of Oracle Corporation, Christy Walton, inheritor of Wal-Mart and many more.

China:

The rapid growth in last few decade placed China as the upcoming economic superpower so position two in billionaires list is grabbed by China with total count of 72 billionaires.

China has the population about 1,331,460,000 people, which far exceeds that of the USA It is the world's fastest consistently growing economy in last few decade and the world's largest exporter and second leading importer of goods and services.

The most famous billionaires in the china are Liang Wen'gen, Chairman of machinery manufacturer the Sany Group, Robin Li, CEO and founder of search engine Baidu and Zong Qinghou, founder of Beverage Company.

Russia:

Russia stationed at the third slot with a boastful 58 high-net-worth individuals (HNI) in the country. It is geographically the vastest country of the world with the population of 141,850,000. It has the 10th largest economy in the world and is the 6th largest when it comes to purchasing power parity (PPP).

The famous billionaires of the Russia are Vladimir Lisin,Chairman of Novolipetsk Steel, Roman Abramovich, oil baron and owner of England's Chelsea Football Club and Mikhail Prokhorov, owner of the American basketball team, the New Jersey Nets.

India:

India ranks fourth on the table with as much as 47 billionaires in the country. It ranks amongst the world's fastest growing economies with a huge population of 1,155,347,678.India has the world's 9th largest economy and is the 4th largest when it comes to PPP.

The most famous billionaires of the India are Mukesh Ambani, Chairman and MD of country's largest private sector company Reliance Industries, Kumar Birla, Chairman of the Aditya Birla Group, Lakshmi Niwas Mittal, Chairman and CEO of ArcelorMittal, and Azim Premji, Chairman of Wipro.

Germany:

Germany takes the 5th place with as much as 43 billionaires at their soil. Germany is the 4th largest economy of the world and it is the 5th largest when it comes to PPP count. The country is known to have a high standard of living and it makes for the 2nd most exporter and third largest importer of goods and services.

The famous billionaires are Karl Albrecht, who founded the Supermarket chain Aldi and Susanne Klatten, one of the largest shareholders in high class automobile company BMW and pharmaceutical manufacturer Altana, and Dieter Schwarz, owner of the Schwarz-Group.

United Kingdom:

United Kingdom placed at the sixth position with as much as 42 billionaire's in the country, just one billionaire less than the Germany. United Kingdom is the 6th largest in the world and the 7th largest in terms of PPP count.

The most famous billionaires of the United Kingdom are Bernard Ecclestone, CEO of Formula 1,Richard Branson, Chairman of the Virgin Group and Gerald Cavendish Grosvenor, owner of property company Grosvenor Group.

Hong Kong:

Although the tinny Hong Kong is a part of China however it has a free market economy and is highly dependent on international trade and finance. It is seen on the 7th position and is home to as much as 29 high-net-worth individuals and having a small population base of 7,003,700.

The famous billionaires are Li Ka Shing, Chairman of Hutchison Whampoa Limited and Thomas and Raymond Kwok of real estate company Sun Hung Kai Properties.

Switzerland:

Switzerland is well known to be the 3rd most innovative country in the world and it reports one of the highest GDP's in the world is the tax heaven of the world.The Switzerland takes position 8th with as much as 27 billionaires in his soil.

The well known billionaires are Ernesto Bertarelli, a biotech entrepreneur known for Merck-Serono and Esther Grether, Swatch shareholder and art collector.

Japan:

Japan the Island nation of the world takes the 9th position with as much as 23 billionaires. Japan has a population base of 127,560,000. This country is known for its technological advancement and ranks 2nd on the list of most powerfully economies in the world.

Japan is the 3rd largest economy in the world after the USA and China who recently taken over them in terms of PPP count.

The high-net-worth individuals of the Japan are Masayoshi Son, CEO of venture capital Softbank and Hiroshi Yamauchi, President and Chairman of Nintendo.

Canada:

Canada takes the 10th level on the HNI list. The country has as much as 22 billionaires and it has a population count of 33,739,900.It is one of the world's richest as well as one of the world's top ten trading nations.

Canada has a mixed economy like India and it plays a crucial role in foreign exports. The most famous billionaires in Canada are Chairman and CEO of Jim Pattison Group, David Thompson, Chairman of Thompson Reuters and Jeffrey Skoll, ex eBay President, and Jim Pattison.