The French forward believes Benzema has a great chance of winning the individual honour, while Mbappe also spoke about how so many Real Madrid players win this prize.
"My top three? I'd say Benzema, myself and Sadio Mane," Mbappe stated.
"Benzema just had the season of his life at 34 years of age, being decisive in winning another Champions League.
"If he doesn't win it, I'll stop believing in the Ballon d'Or forever.
"Real Madrid are a Ballon d'Or machine, you have to admit that."
He went on to speak about his chances of winning this prize one day.
"It's important to keep my feet on the ground, but I'm convinced that one day I can win the Ballon d'Or while at PSG," he said.
"It's hypocritical when players say they don't care about the Ballon d'Or, as we all think about it.
"We speak about the team and the collective because that can camouflage our ambition, but it does matter if you're being honest.
"I was previously happy with just being among the top 10. Now, I'm regularly among the top four or five."