Latin America: wealth of billionaires vs general population 2020

Amongst the selected Latin American countries, Mexico registered the largest average wealth of billionaires, at 8.97 billion U.S dollars in 2020. By contrast, the rest of the adult population had an average wealth of 41,530 dollars. This represented a wealth ratio of billionaires/general population of 216,079:1. Nevertheless, it was Argentina the nation with the largest inequality in the distribution of wealth. Billionaires' wealth in this South American country was equal to 3.7 percent of the national GDP.

Average wealth of billionaires and average wealth of the rest of the adult population in selected countries of Latin America in 2020 (in thousand U.S. dollars)

Characteristic	Billionaires	Non-billionaires
Mexico	8,972,728	41.53
Colombia	4,566,667	16.55
Chile	3,000,000	52.11
Peru	2,600,000	16.77
Brazil	2,422,727	17.58
Argentina	2,080,000	6.87

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Release date

January 2023

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Region

LAC

Survey time period

2020

Special properties

current 2020 prices

Supplementary notes

The source adds that, in the estimation for the average wealth of billionaires, each of the fortunes included in the Forbes list is treated as if it were a strictly individual wealth, which is not always the case.

The values for the general population were obtained by subtracting the wealth of billionaires from total national household wealth (individuals).

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