In 2020, California had the highest number of millionaire households in the U.S., with **** million households having one million or more in investible assets. This is nearly double the ******* millionaire households in Texas, the state with the second-highest number.

In 2023, there were nearly 22 million people with a net worth of over one million U.S. dollars in the United States, which put the country on the top of the ranking. China was ranked second in that year, with more than six million individuals with wealth exceeding one million U.S. dollars. The United Kingdom followed in third with around three million millionaires.

As of 2020, New Jersey had the highest share of households with a net worth of *********** or more U.S. dollars in the United States, followed by Maryland, Connecticut, Massachusetts, and Hawaii.

In 2023, there were approximately six million millionaires in China. The number of millionaires in China was projected to increase to about 6.5 million by 2028, indicating a growth by around eight percent.

As of December 2023, there were over ******* millionaires in India with a wealth of *********** US dollars or more. There were *** billionaires with a wealth of over *********** US dollars. There was an ** percent growth in millionaires from 2013 to 2023 in the country.

The statistic shows the number of millionaires in mainland China from 2015 to 2024, as estimated by a research institute in China. According to the report, there were 4.14 million millionaires owning assets worth over six million yuan - roughly equivalent to one million U.S. dollars - and 1,68 million millionaires with personal wealth of over ten million yuan in mainland China in 2024.

In 2024, an estimated 208,800 millionaires lived in Seoul, South Korea, accounting for about 45.3 percent of the nationwide number of millionaires. The total number of people in South Korea owning financial assets of one billion South Korean won or more stood at about 461 thousand that year.

The millionaire number in Indonesia stood at around ** thousand in 2021 and is projected to increase to about *** thousand in 2024. In comparison, the amount of ultra high net worth in Indonesia in that year amounted to ***** individuals.

In 2016, there were approximately **** thousand millionaires in Pakistan. The number of individuals owning one million U.S. dollars or more in Pakistan is expected to rise to **** thousand by 2026. HNWI forecast in Pakistan Individuals with investible assets of at least one million U.S. dollars in current exchange rate terms are considered high net worth. The number of high-net-worth individuals in Pakistan is expected to rise overall between 2022 and 2028, settling at just under ***** thousand individuals. Countries with the highest millionaire rate In 2021, Switzerland had the highest rate of millionaires in the world, with **** percent of the adult population owning assets worth more than one million U.S. dollars. Luxembourg came in second, with **** percent of the population being millionaires, and Iceland came in third. Furthermore, over ** million people in the United States were among the world's top one percent of ultra-high net-worth individuals in 2021. China came second, with over **** million top one percent wealth holders worldwide.

In 2023, there were estimated to be approximately 3,061 dollar millionaires among the adult population of the United Kingdom (UK), compared to 2,556 in the previous year.

In January 2024, approximately ******* hoseholds in Beijing owned assets worth *********** yuan ore more. Beijing, Shanghai, and Hong Kong were home to by far the highest number of millionaires in Greater China.

The millionaire population in Singapore stood at around 526.4 thousand in 2021 and is projected to increase to about 592 thousand in 2026. This estimated growth in the millionaire population reflects the trend of increasing household wealth in Singapore, which grew by more than 146 percent since 2000.

Millionaire’s playground
In 2022, the Economist Intelligence Unit ranked Singapore as the world’s most expensive city alongside Hong Kong and Paris. The high cost of living in Singapore is in large part due to the extremely high cost of owning a car, as well as high property and food prices. With the tenth highest average wealth per adult in the world, and relatively low financial inequality, it seems that the residents of Singapore are able to afford life in the city with the third most expensive beer prices in the world.

Declining wealth in old age
The reality, however, is far less glamorous. While the median wealth per adult increased in 2019 from 2018, it was still the second-lowest value in the past five years. Many Singaporeans are feeling the pinch, especially the most vulnerable members of society, such as the elderly, who make up the majority of the workforce in jobs such as cleaning. Worryingly, many Singaporeans are also not financially prepared for retirement. This could lead to increasing inequality in the future, with many people unable to afford the lifestyle that they are accustomed to.

The number of millionaires in Romania peaked in 2020 at ****** people. In 2021, because of the coronavirus (COVID-19) pandemic, this number dropped to ****** millionaires. However, it is expected that by 2026 Romania will have over ***** thousand millionaires

This statistic presents the American states with lowest ratio of millionaire households per capita in 2019. In 2019, Mississippi had the lowest ratio of millionaire households per capita in the country, with only 4.18 percent of households holding over one million U.S. dollars in assets.

This statistic depicts the number of millionaires living in Taiwan from 2017 to 2024. In 2024, Taiwan had approximately ******* millionaires.

The number of multi-millionaires in Romania peaked in 2021 at ***** people with fortunes of over ** million US dollars. Compared to the number of millionaires, multi-millionaires did not seem to be as affected by the coronavirus (COVID-19) pandemic. Nevertheless, the number of multi-millionaires is expected to increase by *** more individuals by 2026.

The number of millionaires in Poland is growing systematically. Over ****** people have declared income of *********** or more in their tax returns for 2023, an increase of *** percent compared to 2008. The highest number of millionaires lives in the Mazowieckie region, specifically in Warsaw (***** people).

In 2021, Vietnam had approximately **** thousand millionaires. For 2026, it was forecasted that the number of millionaires will reach about ***** thousand.

In 2022, there were approximately **** million millionaires in the Asia-Pacific region. The number of millionaires in the region was projected to increase to about ***** million by 2027, indicating a growth by ** percent.

According to the Hurun Global Rich List 2025, the United States housed the highest number of billionaires worldwide in 2025. In detail, there were *** billionaires living in the United States as of January that year. By comparison, *** billionaires resided in China. India, the United Kingdom, and Germany were also the homes of a significant number of billionaires that year. United States has regained its first place As the founder and exporter of consumer capitalism, it is no surprise that the United States is home to a large number of billionaires. Although China had briefly overtaken the U.S. in recent years, the United States has reclaimed its position as the country with the most billionaires in the world. Moreover, North America leads the way in terms of the highest number of ultra high net worth individuals – those with a net worth of more than ***** million U.S. dollars. The prominence of Europe and North America is a reflection of the higher degree of economic development in those states. However, this may also change as China and other emerging economies continue developing. Female billionaires Moreover, the small proportion of female billionaires does little to counter critics claiming the global economy is dominated by an elite comprised mainly of men. On the list of the 20 richest people in the world, only one was a woman. Moreover, recent political discourse has put a great amount of attention on the wealth held by the super-rich with the wealth distribution of the global population being heavily unequal.