Number of millionaires by country

This is a list of countries by the number of billionaires by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. United Kingdom had the second-highest total, 2. Business Insider has ranked the 18. The report said the overall number of millionaires globally declined by 2. In the case of China, the number of millionaires has been increasing ever since the country did away with communism under Mao Zedong.

After that, the country experienced a meteoric rise in its economic growth, which increased the per capita wealth by at least. The future looks bright in many African countries as well. Check out the dot plot below to see the current and projected future number of millionaires in each country.

Hover over the dots for specific millionaire counts. Inequality - Number of Millionaires by Country. How many millionaires are in the U. K millionaires , more than any other country in the world.

I found an interesting list of countries ranked by median wealth by adult. Median wealth favours countries with low income inequality and is therefore also an indicator of how wealthy. Number of millionaire households per country by Boston Consulting Group.

The following is a list of the countries with the most millionaire households in U. Download image Download data Embed chart. For comparison, here are the figures for other major economies:. For any given country , the number of millionaires depends on three primary factors: the size of the adult population, average wealth and wealth inequality. The word millionaire feels magic. The first sum which features two commas is still an aspirational net worth goal for many people.

And even if some of the sheen has come off in modern times, you probably still wonder how many millionaires there are in the US. Read on to see the countries with the largest populations of billionaires, and the total wealth held by the billionaire residents. Self-made millionaires agree. An just for the joy of effortless comparison, country population and median income have been included for each nation. New York is home to the second largest number of millionaires , at 33200.

Switzerland is the favourite place to bank for HNWIs, so perhaps it is not surprising the country has a huge number of millionaires too. Unlike some on the list, Switzerland does not have its. Norway has 170millionaires ($) out of a population of around million. My number is individual millionaires. The countries with the most millionaires have a number of things in common.

They all have high GDPs, with only a few falling outside of the top ten for all nations. Most have also embraced market. The US is also home to the largest number of billionaires including, of course, Bill Gates and Warren Buffett, the. Which country has the most millionaires per capita?

If you said the United States, you’d be wrong. In fact, the United States doesn’t appear on the list of most millionaires per capita, nor is it the richest country in the world. So where you can go to fit in if you have a big suitcase of money? Each year sees incomers pop on the list of people worth one million dollars plus. The number of millionaires in the world is growing at a tremendous rate.

See more on this topic Comments. The country, with a population of million people, has the fourth highest number of millionaires on the continent. According to Credit Suisse, the U. More of them live in the US than any other nation: 609.