The Astonishing Growing Number of Millionaires

A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire.

A Millionaire is a person whose assets are worth one million pounds or dollars or more

A Millionaire is someone with a net worth of $1 million excluding the value of a primary residence. (spectrem)

A Millionaire is a person who has money, property, etc. that is worth at least 1,000,000 dollars, pounds, euros, etc

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

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)
United States	21,951,319	8.5
Mainland China	6,013,282	0.6
United Kingdom	3,061,553	5.8
France	2,868,031	5.6
Japan	2,827,956	2.7
Germany	2,820,819	4.1
Canada	1,991,416	6.3
Australia	1,936,114	9.5
Italy	1,338,142	2.7
South Korea	1,295,674	3.1
Netherlands	1,231,625	8.7
Spain	1,180,703	3.1
Switzerland	1,054,293	15.7
India	868,671	0.1
Taiwan	788,799	3.8
Hong Kong SAR	629,155	10.5
Sweden	575,426	6.8
Belgium	564,666	6.0
Russia	381,726	0.3
Brazil	380,585	0.2
Saudi Arabia	351,855	1.5
Singapore	333,204	7.9
Mexico	331,538	0.4
Norway	253,085	5.9
United Arab Emirates	202,201	2.8
Israel	179,905	2.7
Indonesia	178,605	0.1
Portugal	171,797	2.0
Thailand	100,001	0.2
South Africa	90,595	0.2
Chile	81,274	0.6
Türkiye	60,787	0.1
Kazakhstan	44,307	0.3
Qatar	26,163	1.2
Hungary	24,692	0.3

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