United States has the world’s most valuable unicorns with a valuation of $1.194 trillion; accounts for more than half the valuation of all the global unicorns combined
Last year, we featured the top 500 unicorn startup companies of 2020. The list includes the top 500 unicorn startups with a valuation of $1 Billion or more. The term unicorn, which was first popularized by venture capitalist Aileen Lee, is used to describe a privately held startup company with a value of $1 billion or more.
The top five unicorns on the list include tech heavyweights such as Bytedance at number one, followed by Didi Chuxing at number two. SpaceX came in third place. Stripe and Airbnb came in fourth and fifth positions respectively.
However, 2021 is shaping out to be another blockbuster year for unicorn tech startups. So far this year, the number of global unicorn startups has increased to 728, according to data from CB Insights, a tech analytics firm that tracks technology trends and startups.
Now according to a new report, the United States maintains its lead and continues to dominate the global unicorn race with China in second place. India and the United Kingdom are third and fourth place respectively.
Recent data from a UK-based firm SJD Accountancy shows that the United States has the highest valued unicorns with a valuation of $1.194 trillion, accounts for more than half of the combined valuation of all the global unicorns.
The rest of the world’s unicorns combined total $1,140 billion just shy of the US powerhouse for billionaire start-ups. The UK on top in Europe with a worth of $91 billion. SJD Accountancy took to find out which countries have been most successful in producing unicorns and how much $$$ they are valued at.
Unicorns Combined Worth Per Country
Which Country Has Produced the Most Unicorn Executives?
|Country||No. of Executives|
The clear winner is the United States, with 2,757 unicorn executives, including the likes of Christian Lanng, CEO and Co-Founder of Tradeshift, Doug Mack, the Board Director and CEO of Fanatics, and Liza Landsman, General Partner of Squarespace. 279 US executives also come from Ivy League schools
The United Kingdom takes silver, the UK has produced almost 217 unicorn executives and is one of the 2 European countries in the top five. 14 of UK unicorn executives went to the University of Oxford, including Hagan Bayley who is the Founder and Director of Oxford Nanopore Technologies, Jan Hammer who is the main investor and Partner at Robinhood and Collibra, and also Jason Austin who is the President and Co-Founder of Greensill Capital.
China, which has recently had a boom in start-up culture, resulting in several unicorns springing up, comes in 3rd place with 161 executives, whilst Hong Kong is 19th place, with only 12 unicorn executives. The majority of China and Hong Kong’s executives also went to University in the United States.
Mexico and Austria come in joint 20th place, with 8 unicorn executives each. Joint last place in Japan and Denmark who closely follow with 6 executives each.