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)
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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Economic Commission for Latin America and the Caribbean. (January 27, 2023). 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) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/
Economic Commission for Latin America and the Caribbean. "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)." Chart. January 27, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/
Economic Commission for Latin America and the Caribbean. (2023). 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). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/
Economic Commission for Latin America and the Caribbean. "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)." Statista, Statista Inc., 27 Jan 2023, https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/
Economic Commission for Latin America and the Caribbean, 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) Statista, https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/ (last visited July 22, 2024)
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) [Graph], Economic Commission for Latin America and the Caribbean, January 27, 2023. [Online]. Available: https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/
