The size of the countries economies and the ease of doing business there will continue to draw in the top entrepreneurial talent from around the globe. Christos Lazari is worth $2.2 billion (1.4 billion) and is a self-made billionaire from London property investments. by state U.S. 2020, U.S. states with highest ratio of millionaire households per capita 2020, U.S. metropolitan areas with the highest share of millionaire households 2020, Richest self-made women in the United States 2022, based on net worth, Distribution of UHNW individuals by gender U.S. 2019, Share of U.S. families who are millionaires 2016, by ethnicity, U.S. Distribution of billionaires 2022, by gender, States with the most billionaires in the U.S. 2022, Combined value of billionaire wealth in the United States 2020-2022, Opinion of U.S. adults on whether billionaires are a good or bad thing 2021, by age, Opinion of U.S. adults on whether billionaires should pay a wealth tax by party 2020, Ultra high net worth individuals 2021, by country, Share of the world's billionaires by region 2021, Global fastest growing markets for centi-millionaires 2022-2032, Cities with the highest number of UHNW individuals worldwide 2020, Youngest billionaires globally 2022, by net worth, Value added to the wealth of the world's leading billionaires during pandemic 2021, U.S. states with lowest ratio of millionaire households per capita 2019, Number of centa-millionaires Pakistan 2006-2026, Number of millionaires Australia 2015-2025, Number of centa-millionaires Singapore 2006-2026, Share of millionaire households in selected European countries in 2014, Share of inflows of HNWIs Australia 2016 by city, Number of multi-millionaires Vietnam 2006-2026, Number of millionaires in Taiwan 2017-2021, Highest net inflows of HNWIs Australia 2016 by city, Ultra high net worth households in India 2010-2016, Number of centa-millionaires Malaysia 2006-2026, Number of multi-millionaires Thailand 2018-2024, Number of millionaires Sri Lanka 2006-2026, Number of centa-millionaires Thailand 2006-2026, Number of centa-millionaires Sri Lanka 2006-2026, Investments of high-net-worth individuals, Find your information in our database containing over 20,000 reports. The finance and investments industry produces the highest number of millionaires. Lets see how this shakes out when ranking the worlds most affluent countries. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Japan has more millionaires per capita than any other country in the world. The top five industries for producing millionaires are: Finance and Investments Technology Manufacturing Fashion and Retail Healthcare [1] [dubious - discuss] Regions by number and percentage of millionaires [ edit] With 539 billionaires down 87 since last year with a collective nearly $2 trillion, China is still the country with the second-most billionaires. The Number Of Millionaires In The World And By Country - Financial Samurai SwitzerlandSome 9.5% of the Swiss are millionaires, placing the central European country fourth. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Use Ask Statista Research Service, Most affluent women worldwide 2022, by net worth, U.S. wealth distribution 1990-2022, by income percentile, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. However, due to Iceland's small population, Iceland makes number 8 in the list. Jeff Bezoss $13 billion one day gain this week underlined the U.S.s status as the worlds center of wealth, but its not just him getting richer. The millionaires in the state account for approximately 7.75% of the population. Footnote: All data estimates are using mid-2018 values, and reflected in US$. The median wealth for this group reaches $100, which is close to the average value. No single Swede comes close to the epic wealth of a Bill Gates or a Warren Buffett. As soon as this statistic is updated, you will immediately be notified via e-mail. While Singapores tax scheme is a bit less liberal than that of Hong Kong, it is also territorial in nature. Ghanem said this is borne out by data from its World Wealth Reports of recent years. Germany 1,199,000 The eurozone's largest economy also has the most millionaires in Europe. WalletHub ranked each state using 47 metrics across three dimensions. California had the most millionaires in total 885,000 but it ranked 10th in terms of per capita. Although the Southeastern state does not excel in any one dimension, it scores consistently well across all three to create a very balanced retirement profile. Several cities across the US are quickly catching up to the Big Apple, though, due in part to New York losing 12% of its wealthiest denizens over the first half of 2022. He and his family are worth $4.5 billion (2.8 billion). Based on the evidence since the financial crisis, secular global wealth growth appears to be closely aligned with global GDP growth. Taiwan's billionaires have a combined net worth of $117.1 billion ($75.1 billion) after a boom in its financial services sector and strong trade links with China. 9.44 %. Access your favorite topics in a personalized feed while you're on the go. Currently, you are using a shared account. List of countries by number of billionaires - Wikipedia Tokyo came in second place with 290,300 people whose investments and assets top $1 million while London fell from first to fourth place with 258,000. "American States with Highest Ratio of Millionaire Households per Capita in 2020. Scaling up this example to the true wealth of nations, we can see how the median wealth provides a more accurate picture of the typical adult, especially in societies that are less equal. Texas had the second highest number, with 566,000, followed by New York with 465,000. These 15 countries have the highest number of millionaires This includesSwedish video game programmer and designerMarkus Alexej Persson who founded the Mojang video game company which made the insanely popular Minecraft video game. Visualizing the Flow of Energy-Related CO2 Emissions in the U.S. The Swiss franc currency has been on quite a roll in recent years, too, remaining a top safe haven currency in Europe. The collective wealth of the countrys billionaires has fallen from $584 billion last year to $320 billion this year. The San Francisco area, which came in second, saw its billionaire index increase 4% over that time frame, according to data collected by the intelligence firm New World Wealth. 12, 14 billionaires, population 9.56 million). With 107 billionaire residents . Fredericksburg ranked No. 1 in Texas for millionaires per capita - mySA However, it still has five billionaires under its belt. per capita GDP higher than that of most developed countries. This is mainly becausethe geographically small country has a relatively open economy with crude oil reserves of about 102 billion barrels, according to Forbes. wealth growth in North America outpaced that of Asia-Pacific for the first time since 2012. 1. The combination of higher asset ownership and that ability to lure the top entrepreneurial talent looks set to reinforce the status quo of the countries with the most millionaires. Japan, with a population of about 126 million, has roughly 3.66 million millionaires. Total population:9 million, according to London Datastore. You can find more videos, talks, and other content related to Finance & Global Citizen on our YouTube channel. 5. Norway is rich with natural resources and has a vibrant private sector, so it's little wonder how it managed to carve out 10 billionaires. However, both nations also have the highest absolute household debt-to-GDP ratios in the world: in 2018, Switzerlands levels reached nearly 129%, while Australia followed behind at 120%. Email reporterAlicia Adamczyk to share your story for a future article. You may opt-out by, Counter-clockwise from top-left: India, Germany, U.S., China, Counter-clockwise from top-left: Ashwin Nagpal/Getty Images, George Pachantouris/Getty Images, Sylvain Sonnet/Getty Images, Alan Schein/Getty Images, Karsten May/Getty Images, Xiaoyang Liu/Getty Images, Waitforlight/Getty Images, Forbes' 36th Annual World's Billionaires List: Facts And Figures 2022, Where The Richest Live: The Cities With The Most Billionaires 2022, Billionaires 2022: These 4 Countries Got Their First Billionaire This Year, Forbes 36th Annual Worlds Billionaires List: Facts And Figures 2022, Trumps Net Worth Has Jumped An Estimated $600 Million Since He Left Office, How MacKenzie Scott Has Given Away BillionsAnd Is Still One Of The Worlds Richest Women, The Wealthiest Person In Crypto Climbs Into Worlds 20 Richest. This industry has 371 billionaires that work within it, not to mention millionaires. According to estimates, in the middle of 2021 there were 56million people worldwide whose assets exceeded one million dollars, of whom nearly 40% lived in the United States. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Although Los Altos isn't the wealthiest city in the U.S., it does boast the highest median home value. Statista. Three of them are billionaires. as well as other partner offers and accept our, mass migration of its moneyed classes in the past several years. In the second group, this gap climbs to $495, and the median wealth drops sharply to only $30. 25 Small Towns With Big Millionaire Populations | Kiplinger Clockwise from top-left: India, Germany, U.S., China, This is a BETA experience. While China is growing more millionaires than any other country, Hong Kong has some of the most millionaires per capita 5. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Countries with the highest millionaire rate 2021 | Statista Total population:7.4 million, according to World Bank. (September 1, 2022). 25 Richest Cities in the US 2022 - Wealthiest Cities in America - Veranda It has one of the most technologically advanced market economies in the world. There were 587,000 new millionaires created in the U.S. last year, more than double the number that joined the ranks in Japan, the country with the second most high net worth individuals (HNWI). Privacy Policy and Cookie PolicyNomad Capitalist and Go Where Youre Treated Best are registered trademarks. Not only did more Americans . Total population:37.3 million, according to World Population Review. The total net worth of all millionaires stood at around $158.261 trillion. American states with highest ratio of millionaire households per capita in 2020. by state U.S. 2020, U.S. states with highest ratio of millionaire households per capita 2020, U.S. metropolitan areas with the highest share of millionaire households 2020, Richest self-made women in the United States 2022, based on net worth, Distribution of UHNW individuals by gender U.S. 2019, Share of U.S. families who are millionaires 2016, by ethnicity, U.S. Distribution of billionaires 2022, by gender, States with the most billionaires in the U.S. 2022, Combined value of billionaire wealth in the United States 2020-2022, Opinion of U.S. adults on whether billionaires are a good or bad thing 2021, by age, Opinion of U.S. adults on whether billionaires should pay a wealth tax by party 2020, Ultra high net worth individuals 2021, by country, Share of the world's billionaires by region 2021, Global fastest growing markets for centi-millionaires 2022-2032, Cities with the highest number of UHNW individuals worldwide 2020, Youngest billionaires globally 2022, by net worth, Value added to the wealth of the world's leading billionaires during pandemic 2021, Leading countries with the most millionaire households 2013, U.S. states with lowest ratio of millionaire households per capita 2019, Average AGI of the 400 highest earning Americans 2000-2009, by source of income, Countries with the most millionaires 2018-2019, Global per capita net financial worth in 2007, by wealth category, Italy: number of super-rich individuals 2016, Average AGI of very high-income taxpayers in the U.S. 2000-2009, by source of income, Number of millionaires Australia 2015-2025, Most popular wearable devices among ultra high net worth households in India 2016, Number of millionaires in Poland 2008-2019, Share of inflows of HNWIs Australia 2016 by city, Ultra high net worth households in India 2010-2016, Number of millionaires in China by geographic region 2015, Number of centa-millionaires in Taiwan 2006-2026, Number of centa-millionaires Singapore 2006-2026, Number of centa-millionaires Pakistan 2006-2026, Liabilities & investment distribution in Russian private banks 2017-2019, Investments of high-net-worth individuals, Find your information in our database containing over 20,000 reports. The U.S. houses the largest amount of billionaires in the world and continues to dominate the rankings for the world's richest people. Monaco is home to 12,261 millionaires in less than one square mile. The territory funds much of its limited government by property taxes, and imposes a territorial system of taxation where income earned from non-Hong Kong sources isnt taxed at all. to incorporate the statistic into your presentation at any time. By clicking Sign Up, you also agree to marketing emails from both Insider and Morning Brew; and you accept Insiders. Instant city The city has always been unique. Asset price inflation and/or U.S. dollar depreciation can temporarily flatter the wealth growth figures, but cannot alter the longer-term trends. All told, there are 614 U.S. citizens on Forbes' 2020 World's. If you said the United States, youd be wrong. he worlds billionaires hail from all over the globe, with citizens of 75 countries or territories on six continents claiming a spot on Forbes 36th annual billionaires list. Use Ask Statista Research Service, Most affluent women worldwide 2022, by net worth, U.S. wealth distribution 1990-2022, by income percentile, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. US States With The Most Millionaires Per Capita - WorldAtlas The final scores (visualized as the bars in the infographic above) represent each states weighted average across all metrics. This U.S. City Is the Richest On Earth (Here Are the Top 10) Concentration of millionaires: 7.2% Median income for all households: $63,032 (U.S.: $61,937) Median home value: $231,100 (U.S.: $229,700) The Hudson, New York, micro area has emerged as an. The Czech Republic (or Czechia, as its known to its inhabitants) is a landlocked country situated smack bang in the middle of Europe. The ranks of rich Americans continued to swell last yearand the economic recovery from the pandemic certainly helped the rich continue to get richer. Total population:6.7 million, according to Government of Canada 2021 Census report. According to a new report published today by Henley & Partners, a firm that tracks wealthy individuals across the globe, New York tops the list of 20 cities with the most millionaires in the world. The States With The Most Billionaires 2020 - Forbes