The Astonishing Growing Number of Millionaires

The Astonishing Growing Number of Millionaires

The number of millionaires in the world is estimated to be between 58 million and 59.4 million, representing 1.1% to 1.5% of the global adult population: 

  • 2024 UBS Global Wealth ReportEstimates at least 58 million US dollar millionaires, which is 1.5% of the global adult population 
  • Credit Suisse Global Wealth Report 2023Estimates 59.4 million millionaires worldwide, which is 1.1% of all adults globally 

The number of millionaires has been increasing in recent years due to higher entrepreneurial activity. The United States has the largest number of millionaires in the world, followed by China and France. 

59 million millionaires How many millionaires globally. According to Kiplinger, globally there are about 59 million millionaires. That number might actually be a bit lower if you factor in “inflation millionaires” – people who no longer would qualify once inflation was factored in. READ FULL ARTICLE

What percentage of the world is a millionaire?

The world has at least 58 million US dollar millionaires, accounting for 1.5 percent of the global adult population, according to the 2024 UBS Global Wealth Report (PDF), which sampled 56 markets that account for 92 percent of global wealth. aLJAZEERA

The United States is home to by far the largest contingent of dollar millionaires: 22 million in 2023, representing 6.6 percent of the country’s population. STATISTA

Learn about the success traits of millionaires

Visualizing the World’s Growing Millionaire Population

Visualizing the World’s Growing Millionaire Population (2012-2022) Number of Millionaires
advancingmindset.com
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Visualizing the World’s Growing Millionaire Population (2012-2022) https://www.visualcapitalist.com/visualizing-the-worlds-growing-millionaire-population-2012-2022/

Countries by number and percentage of millionaires

Numbers of US dollar millionaires by countryper UBS (2024) wikipedia

Country or
subnational area
Number of
millionaires
Percentage of
millionaires
(% of adult
population)
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 United States
21,951,3198.5
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 Mainland China
6,013,2820.6
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 United Kingdom
3,061,5535.8
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 France
2,868,0315.6
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 Japan
2,827,9562.7
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 Germany
2,820,8194.1
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 Canada
1,991,4166.3
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 Australia
1,936,1149.5
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 Italy
1,338,1422.7
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 South Korea
1,295,6743.1
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 Netherlands
1,231,6258.7
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 Spain
1,180,7033.1
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  Switzerland
1,054,29315.7
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 India
868,6710.1
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 Taiwan
788,7993.8
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 Hong Kong SAR
629,15510.5
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 Sweden
575,4266.8
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 Belgium
564,6666.0
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 Russia
381,7260.3
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 Brazil
380,5850.2
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 Saudi Arabia
351,8551.5
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 Singapore
333,2047.9
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 Mexico
331,5380.4
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 Norway
253,0855.9
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 United Arab Emirates
202,2012.8
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 Israel
179,9052.7
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 Indonesia
178,6050.1
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 Portugal
171,7972.0
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 Thailand
100,0010.2
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 South Africa
90,5950.2
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 Chile
81,2740.6
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 Türkiye
60,7870.1
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 Kazakhstan
44,3070.3
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 Qatar
26,1631.2
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 Hungary
24,6920.3
wikipedia https://en.wikipedia.org/wiki/List_of_countries_by_number_of_millionaires

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