Number of millionaires per country

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. 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. This list excludes lists compiled and published by Business Insider, Challenges, Hurun Report, The Sunday Times, UBS and other sources. Countries with the most millionaires. The report said the overall number of millionaires globally declined by 2. For the full list of the top countries for.

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. Download image Download data Embed chart. The countries with the most millionaires revealed.

Hong Kong has the highest number of millionaires per capita. 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?

Kuwait is the fifth richest country in the worl as measured by GDP per capita, with $79per person. It ranks lower in the list though when looking at the number of billionaires per. California had the most millionaires in total — 880— but it ranked 10th in terms of per capita. Texas had the second highest number, with 5600 followed by New York with 46000.

Norway has 170millionaires ($) out of a population of around million. My number is individual millionaires. Wealth per adult and percentage of millionaires by country I found an interesting list of countries ranked by median wealth by adult. For comparison, here are the figures for other major economies: United States 18. The number of millionaires in the world rose by nearly percent last year to an all-time high of around 16.

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. Visualizing the Global Millionaire Population A look at wealth by region, fortune size, and city. The Chart of the Week is a weekly Visual Capitalist feature on Fridays.

When we think of the term “millionaire”, it’s only natural for our thoughts to be skewed towards the famous business magnates that have amassed giant fortunes, like Jeff Bezos, Elon Musk, or Warren Buffett. The overall wealth declined by 0. 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.

The small, wealthy nations of Qatar, Switzerland and Singapore have the most millionaires per capita, at more than percent of all households, the Boston Consulting Group reports. Millionaire households were counted based on assets under management, including cash deposits, money market funds, listed securities held directly or indirectly through managed. These countries have the highest number of millionaires. For any given country , the number of millionaires depends on three primary factors: the size of the adult population, average wealth and wealth inequality.

RANKED: The countries with the most millionaires. UK yet again belongs to the top countries with the most millionaires.