Poland to See Europe’s Fastest Growth in Number of Billionaires
Poland’s billionaire population is projected to grow by 123% over the next five years, the fastest rate in Europe, according to a study by recruitment firm VeritaHR. This growth trajectory is surpassed globally only by Saudi Arabia, with the number of billionaires in Poland expected to reach 29 by 2031.
The country currently has 13 billionaires. VeritaHR’s data indicates this number could more than double within the next few years, driven by a combination of long-term economic stability and a surging technology sector.
Why is the number of billionaires increasing in Poland?
The rise in high-net-worth individuals stems from nearly 30 years of continuous economic growth, according to the VeritaHR study. The report attributes this wealth accumulation to an effective workforce and a flourishing technology industry.

These factors have created a sustainable environment for business scaling. The combination of labor efficiency and consistent macroeconomic expansion provides the foundation for the projected increase in billionaires.
How is the tech sector driving Polish wealth?
The technology industry is a primary catalyst for the country’s economic shift. Among the 12 “unicorn” companies valued over $1 billion, the artificial intelligence startup ElevenLabs stands out with a valuation of $11 billion (9.5 billion euros), VeritaHR reports.
This concentration of high-value tech firms suggests that AI and software innovation are becoming central to the nation’s wealth generation. The presence of such high-valuation startups indicates a shift toward high-margin, scalable digital products.
What may happen to Poland’s economy next?
If current trends persist, Poland could see its tech sector expand further, potentially increasing the number of companies valued over $1 billion. This expansion may accelerate the timeline for reaching the predicted 29 billionaires by 2031.

The continued reliance on an effective workforce and AI innovation is likely to remain a key factor. A possible next step for the economy could be the emergence of more startups reaching the valuation levels seen with ElevenLabs.
Frequently Asked Questions
How many billionaires does Poland have currently?
Poland currently has 13 billionaires, according to the VeritaHR study.
What is the predicted number of billionaires in Poland by 2031?
The number of billionaires is projected to reach 29 by 2031.
Which Polish company has a valuation of $11 billion?
The AI startup ElevenLabs is valued at $11 billion (9.5 billion euros).
Do you think AI startups will continue to be the primary driver of wealth in European economies?