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A Record Number Of Immigrants Have Become Billionaires In The U.S.

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Elon Musk, now a U.S. citizen, was born in South Africa. (AP Photo/Jae C. Hong, File)
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A staggering 92 foreign-born American citizens are on Forbes’ annual World’s Billionaires list for 2022 who currently live in the United States. You heard that right – 13% of the list’s 735 American citizens are immigrants.

With a combined net worth of $711 billion, these foreign-born U.S. citizens account for 15% of all American billionaire wealth. And they’ve built their fortunes on their own– 92% are self-made, compared to 71% for the 628 American billionaires who were born in the U.S.

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