which country has the most millionaires per capita?


The ideal entry-level account for individual users. Ghanem said this is borne out by data from its World Wealth Reports of recent years. He and his family are worth $4.5 billion (2.8 billion). New Jersey. Luxembourg. Then you can access your favorite statistics via the star in the header. The continent's largest economy also has the most numbers of millionaires in Europe. That could have big implications, especially since much of the growth seen last year was based on stock market performanceand many of these HNW individuals have major portions of their wealth tied up in stocks. Here are some examples of what each dimension measures: Visit the source for the full list of metrics. Statista. Tough Times For Brazil And India And Its Millionaires Where are Clean Energy Technologies Manufactured? For example, if you believe that health services will be very important during retirement, you may rank Minnesota (#1 in terms of health care) much higher than eighth place. In 2007, he sold it to Merck for $9 billion (5.7 billion). On the whole, the US had the highest representation of any country on the list, with six of its major metropolitan areas claiming spots within the top 20. Consumption of Fuel and Materials per Capita, The Periodic Table of Commodity Returns (2013-2022), Visualizing 25 Years of Lithium Production, by Country, Ranked: The Worlds Largest Copper Producers, Mapped: Air Pollution Levels Around the World in 2022. While Russia which has witnessed a mass migration of its moneyed classes in the past several years had the largest outflow of millionaires of any country in the world. List of countries by number of billionaires, List of countries by number of millionaires, List of countries by share of income of the richest one percent, "The 15 top countries for billionaires, ranked by how many live there", "Hurun Report - Info - Hurun Global Rich List 2022", https://en.wikipedia.org/w/index.php?title=List_of_countries_by_number_of_billionaires&oldid=1149285975, This page was last edited on 11 April 2023, at 08:25. 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. The finance and investments industry produces the highest number of millionaires. Below, weve visualized a hypothetical example of two groups of people, each earning various sums of money, to show how average (mean) and median calculations make a difference. Now there's a new number one. ", Kiplinger, American states with highest ratio of millionaire households per capita in 2020 Statista, https://www.statista.com/statistics/294941/largest-ratio-millionaire-households-per-capita-us/ (last visited May 02, 2023), American states with highest ratio of millionaire households per capita in 2020 [Graph], Kiplinger, May 28, 2020. "Countries with The Highest Proportion of Millionaires in 2021. In, Credit Suisse. Here is a full ranking of the top 20 countries by mean and median wealth: The United States boasts 41% of the worlds millionaires, but its clear that the fruits of labor are enjoyed by only a select groupaverage wealth ($403,974) is almost seven times higher than median wealth ($61,667). You only have access to basic statistics. However, due to Iceland's small population, Iceland makes number 8 in the list. ", Credit Suisse, Countries with the highest proportion of millionaires in 2021 Statista, https://www.statista.com/statistics/262687/countries-with-the-highest-rate-of-millionaires/ (last visited May 02, 2023), Countries with the highest proportion of millionaires in 2021 [Graph], Credit Suisse, September 1, 2022. San Francisco had the highest number of billionaires of any city on the list. However, it has also fostered 23 billionaires as of this year. In 2007, he sold it to Merck for $9 billion (5.7 billion). While the economy here is almost entirely based on oil exports, the government is investing a tidy sum in diversifying it into other areas to continue their success. Despite this difference, these countries also provide a strong safety netincluding access to healthcare and educationto more vulnerable citizens. If you are an admin, please authenticate by logging in again. Ratio of millionaire households per capita. N ew York City has taken back its crown. With 107 billionaire residents . Instant city The city has always been unique. Fortune wants to hear how inflation is affecting your budget. Norway Total number of billionaires: 15 Billionaires per million people: 2.9. Top 10 countries by the number of billionaires per capita 2013 African cities with the most billionaires, as of 2014 Educational attainment of billionaires worldwide, 2013 Learn how our legal, holistic approach can help you. $60,999. Total population: 2.3 million, according to the United States Census Bureau. Please do not hesitate to contact me. Our animated chart this week uses data from the ninth Credit Suisse Global Wealth report, which ranks countries by average wealth, calculated as gross assets per adult citizen. It has low unemployment and a highper capita GDP at$54,800 (34,988). Please do not hesitate to contact me. The US dominates the list with a total of 6 cities in the top 20. Israel is big on cut diamonds, high-tech equipment and pharmaceuticals. Phoenix . There are 1826 billionaires in the world and there are some countries that have hundreds of them. China is in second place with 2,124,000 households while Japan comes in third with 1,244,000 households. Terms & Conditions. Total population: Approximately 200,000, according to United Nations (last reported in 2017). Founder of Nomad Capitalist and the worlds most sought-after expert on global citizenship. In order to be considered HNW, individuals must have a net worth of more than $1 million, excluding their primary residence, as well as assets like collectibles and cars. Monaco is home to 12,261 millionaires in less than one square mile. This industry has 371 billionaires that work within it, not to mention millionaires. There are a record 735 billionaires in the U.S., which remains the leading country for billionaires. Leave a comment below. "Countries with the highest proportion of millionaires in 2021." High inflation since the start of 2022 and talk about interest rate hikes from central banks have spurred stock market corrections that are accelerating, the researchers write. All Rights Reserved. Iceland used to have 6 billionaires on its shores before the financial crisis and now it is down to 1 - investorThor Bjorgolfsson. We create and implement bespoke, holistic strategies for successful investors and entrepreneurs to legally reduce their tax bills, diversify and protect their assets, become global citizens and maximize their freedom. Itis the world's third-largest natural gas exporter and seventh largest oil exporter. 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. 2 . How Much Student Debt Does Each State Hold? There are 34 fewer Russian billionaires this year, as share prices cratered, the ruble plummeted in value and sanctions hit Russian oligarchs assets. It's sole billionaire is the elusive Jacky Xu, who is originally from China. Available: https://www.statista.com/statistics/262687/countries-with-the-highest-rate-of-millionaires/, Countries with the highest proportion of millionaires in 2021, Immediate access to statistics, forecasts & reports, Number of people with wealth over one million U.S dollars 2021, by country, Countries with the highest millionaire rate in 2021, Ultra high net worth individuals: population of global 1 percent 2021, by country, Number of millionaire households U.S. 2006-2020, U.S. high net worth individuals 2008-2021, North America wealth of high net worth individuals 2008-2021, Asset allocation of high net worth individuals in North America 2021, U.S. distribution of assets by category and wealth percentile Q1 2021, Share of households who are millionaires by state U.S. 2020, Number of households who are millionaires. [Online]. If you said finances, youre probably right. Total population:4.4 million, according to Australian Bureau of Statistics (last reported in 2011). as well as other partner offers and accept our, mass migration of its moneyed classes in the past several years. Japan, with a population of about 126 million, has roughly 3.66 million millionaires. See the full list of the top 20 millionaire metropolises and megalopolises below. 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. May 28, 2020. September 1, 2022. Some of Chinas biggest losers include former chairman of Pinduoduo Colin Huang, chair of internet giant Tencent Holdings Ma Huateng and Jack Ma of Alibaba. Singapores status as a low-tax destination, home of clean air and low crime, and hub for finance in growing Southeast Asia has made it a top spot for wealthy individuals and entrepreneurs. The U.S. houses the largest amount of billionaires in the world and continues to dominate the rankings for the world's richest people. This is a list of countries by their number of billionaire residents, based on annual assessments of the net worth in United States Dollars of wealthy individuals worldwide. In fact, the United States doesnt appear on the list of most millionaires per capita, nor is it the richest country in the world. One possible reason is that the pay gap ratio between Japanese CEOs and the average worker is much lower than other developed nations. In 2019 the median home value was more than $2,000,000now, in 2022, Zillow reports that the typical home value in the California city is a whopping $4,150,436. Setting aside exchange rate movements, aggregate global wealth grew by 12.7% in 2021, which is the fastest an . to incorporate the statistic into your presentation at any time. The Czech Republic (or Czechia, as its known to its inhabitants) is a landlocked country situated smack bang in the middle of Europe. Hong KongMore than 200,000 residents of this Special Administrative Region of China about 8.8% to be exact are US dollar millionaires. The number of U.S. millionaires grew from 6.6 million in 2020 to 7.5 million in 2021, reflecting a 13.5% increase, according to Capgemini's World Wealth Report 2022. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. 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. And four countries that did not have a billionaire last year now have at least one citizen on the Forbes list: Uruguay, Estonia, Bulgaria and Barbados, which now has one very famous face. Although Los Altos isn't the wealthiest city in the U.S., it does boast the highest median home value. 9.44 %. Chart. Not only did more Americans enter the elite ranks of the high-net-worth (HNW) population in 2021, but the rich got richer, with their net worths increasing by about 14%. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Approved Index, a UK-based business-networking group, crunched the numbers from Forbes' 2015 billionaire list using this week's data and found that the most billionaire-dense nations across the world are pretty surprising. Please create an employee account to be able to mark statistics as favorites. This gives it a slight advantage over second place Florida, which excels in quality of life and affordability, but falls further behind in terms of health care. Since it is dependent on international trade and finance, Hong Kong has become one of the most prominent financial centres in the world. This creates new wealth, adding to the ranks of the existing asset-rich HNWIs there. During the second world war, Los Alamos was. That includes everything from cash, checking, and savings accounts to investments in stocks, government bonds, and mutual funds. [1][dubious discuss], * indicates links to articles on the economy of the country or territory. What is the most important aspect of retirement planning? Show publisher information Daniel and Richard Tsai are the richest men in the country, with a net worth of $10 billion (6.4 billion), after assuming leadership of financial services giant Fubon Financial. The Future of 5G: Comparing 3 Generations of Wireless Technology. Access your favorite topics in a personalized feed while you're on the go. China has had on-and-off Covid-19 outbreaks disrupting the supply chain and manufacturing, while Chinese heavyweight listings crashed amid concerns about regulation of tech companies and Beijings ties with Russia. Switzerland is the perfect breeding ground for billionaires with its highly skilled labour force and low corporate tax rates. bank this year as Amazon's share price surged. Please create an employee account to be able to mark statistics as favorites. Here are the 20 countries and territories with the biggest number of the world's billionaires: 1. This statistic is not included in your account. The median wealth for this group reaches $100, which is close to the average value. Total population: 8.4 million, according to the US Census Bureau. This is a list of U.S. states and federal district by the number of billionaires as of 15 Sep 2020; the total of 642 billionaires includes 19 people whose state of residence is unknown at 15 Sep 2020, most of whom hold dual U.S. citizenship. However, due to Iceland's small population, Iceland makes number 8 in the list. While Singapores tax scheme is a bit less liberal than that of Hong Kong, it is also territorial in nature. Japan came third with 3.03 million and 187,000 newcomers. Then you can access your favorite statistics via the star in the header. By clicking Sign up, you agree to receive marketing emails from Insider However, it still has five billionaires under its belt. Learn more about how Statista can support your business. Learn more about how Statista can support your business. Across North America, the HNW population grew by 13.2%. "American States with Highest Ratio of Millionaire Households per Capita in 2020. Perhaps the most famous Israeli billionaire right now isbachelor Teddy Sagi, who made his money setting up gambling software maker Playtech. 3 University Park, Texas Brooks Kraft // Getty Images Share to Linkedin. Our flagship service for entrepreneurs and investors, Use our decades of experience to invest in foreign real estate, Claim a second passport based on familial connections, Click here to see all our products and services, Discover the worlds best passports to have in an ever-changing world, Discover the worlds best beaches on the basis of available services, Explore the citizenship options using our interactive citizenship map, Click here to see all of our research and interactive tools. Entrepreneurialism can thrive in any economic conditions, but some studies have shown that wealth growth is most closely aligned with GDP growth. As soon as this statistic is updated, you will immediately be notified via e-mail. Thats up from 724 billionaires a year ago. In, Kiplinger. California had the most millionaires in total 885,000 but it ranked 10th in terms of per capita. The population ratio is based on 1 Jul 2019 U.S. Census Bureau data. Hong Kong. Available: https://www.statista.com/statistics/294941/largest-ratio-millionaire-households-per-capita-us/, American states with highest ratio of millionaire households per capita in 2020, Immediate access to statistics, forecasts & reports, Number of people with wealth over one million U.S dollars 2021, by country, Countries with the highest millionaire rate in 2021, Ultra high net worth individuals: population of global 1 percent 2021, by country, Number of millionaire households U.S. 2006-2020, U.S. high net worth individuals 2008-2021, North America wealth of high net worth individuals 2008-2021, Asset allocation of high net worth individuals in North America 2021, U.S. distribution of assets by category and wealth percentile Q1 2021, Share of households who are millionaires by state U.S. 2020, Number of households who are millionaires. bayonet identification by serial number, sagebrush cantina nutrition information, barbara ann smith obituary,

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which country has the most millionaires per capita?