Nearly half of the 3,323 billionaires worldwide in 2023 were between 50 and 70 years old. Moreover, more than 40 percent were above 70 years, whereas around 10 percent were below 50 years. A clear majority of the world's billionaires are men.

This statistic shows the average age of billionaires around the world in 2013, by geographic region. In 2013, the average billionaire was 62 years old.

Iceland was the country with the highest rate of millionaires worldwide in 2022, with more than ***percent of the adult population owning assets worth more than one million U.S. dollars. Luxembourg followed behind with ** percent of the population being millionaires, with Switzerland in third.

Australia Account: Income: Richest 60%: % Aged 15+ data was reported at 99.159 % in 2014. This records a decrease from the previous number of 99.729 % for 2011. Australia Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 99.444 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 99.729 % in 2011 and a record low of 99.159 % in 2014. Australia Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

Graph and download economic data for Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1246) from Q3 1989 to Q2 2025 about net worth, wealth, percentile, Net, and USA.

In 2024, Switzerland led the ranking of countries with the highest average wealth per adult, with approximately ******* U.S. dollars per person. The United States was ranked second with an average wealth of around ******* U.S. dollars per adult, followed by Hong Kong SAR. However, the figures do not show the actual distribution of wealth. The Gini index shows wealth disparities in countries worldwide. Does wealth guarantee a longer life? As the adage goes, “money can’t buy you happiness,” yet wealth and income are continuously correlated to the quality of life of individuals in different countries around the world. While greater levels of wealth may not guarantee a higher quality of life, it certainly increases an individual’s chances of having a longer one. Although they do not show the whole picture, life expectancy at birth is higher in the wealthier world regions. Does money bring happiness? A number of the world’s happiest nations also feature in the list of those countries for which average income was highest. Finland, however, which was the happiest country worldwide in 2022, is missing from the list of the top twenty countries with the highest wealth per adult. As such, the explanation for this may be the fact that a larger proportion of the population has access to a high-income relative to global levels. Measures of quality of life Criticism of the use of income or wealth as a proxy for quality of life led to the creation of the United Nations’ Human Development Index. Although income is included within the index, it also has other factors taken into account, such as health and education. As such, the countries with the highest human development index can be correlated to those with the highest income levels. That said, none of the above measures seek to assess the physical and mental environmental impact of a high quality of life sourced through high incomes. The happy planet index demonstrates that the inclusion of experienced well-being and ecological footprint in place of income and other proxies for quality of life results in many of the world’s materially poorer nations being included in the happiest.

Cambodia KH: Account: Income: Richest 60%: % Aged 15+ data was reported at 25.295 % in 2014. This records an increase from the previous number of 5.583 % for 2011. Cambodia KH: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 15.439 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 25.295 % in 2014 and a record low of 5.583 % in 2011. Cambodia KH: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cambodia – Table KH.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

United States US: Account: Income: Richest 60%: % Aged 15+ data was reported at 97.904 % in 2014. This records an increase from the previous number of 92.810 % for 2011. United States US: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 95.357 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 97.904 % in 2014 and a record low of 92.810 % in 2011. United States US: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

In Europe, the variation in average amounts of financial wealth per adult varied considerably as of 2022, from approximately ******* U.S. dollars in Switzerland to roughly ***** U.S. dollars in Azerbaijan. In Europe, the overall average financial wealth per adult as of 2022 was ****** U.S. dollars. In terms of private wealth, Europe held the second highest value in the world, after North America. What is financial wealth? Financial wealth, also known as financial assets or liquid assets can include wealth that an individual has in the forms of cash, stocks, bonds, mutual funds, and bank deposits. In addition to financial wealth, wealth can also be measured in other assets, called non-financial wealth. This includes physical assets, such as real estate, land, vehicles, jewelry, and art, just to name a few. Where do most wealthy individuals live? Individuals with a net worth over *********** U.S. dollars are called high-net worth individuals (HNWI). The United States was the home country to the highest number of HNWIs in 2021. China followed, although their number of HNWIs did not even reach ********* of the number in the United States. In Europe, Switzerland is the country with the highest average financial wealth per adult, but with its small population size, the number of HNWIs does not come near the numbers in the United Kingdom, Germany, France, and Italy – the European countries with the highest number of HNWIs. Considering Switzerland’s small population size, however, it is the country in the world with the highest proportion of millionaires.

Costa Rica CR: Account: Income: Richest 60%: % Aged 15+ data was reported at 66.721 % in 2014. This records an increase from the previous number of 60.007 % for 2011. Costa Rica CR: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 63.364 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 66.721 % in 2014 and a record low of 60.007 % in 2011. Costa Rica CR: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

Argentina AR: Account: Income: Richest 60%: % Aged 15+ data was reported at 54.103 % in 2014. This records an increase from the previous number of 42.390 % for 2011. Argentina AR: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 48.247 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 54.103 % in 2014 and a record low of 42.390 % in 2011. Argentina AR: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

Chad TD: Account: Income: Richest 60%: % Aged 15+ data was reported at 15.185 % in 2014. This records an increase from the previous number of 10.492 % for 2011. Chad TD: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 12.839 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 15.185 % in 2014 and a record low of 10.492 % in 2011. Chad TD: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chad – Table TD.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

Austria AT: Account: Income: Richest 60%: % Aged 15+ data was reported at 97.440 % in 2014. This records a decrease from the previous number of 97.731 % for 2011. Austria AT: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 97.585 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 97.731 % in 2011 and a record low of 97.440 % in 2014. Austria AT: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Austria – Table AT.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

Graph and download economic data for Share of Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01134) from Q3 1989 to Q2 2025 about net worth, wealth, percentile, Net, and USA.

Brazil BR: Account: Income: Richest 60%: % Aged 15+ data was reported at 74.624 % in 2014. This records an increase from the previous number of 67.101 % for 2011. Brazil BR: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 70.863 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 74.624 % in 2014 and a record low of 67.101 % in 2011. Brazil BR: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

The millionaire population in Singapore stood at around ******* in 2021 and is projected to increase to about ******* 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.

Estonia EE: Account: Income: Richest 60%: % Aged 15+ data was reported at 97.593 % in 2014. This records a decrease from the previous number of 98.300 % for 2011. Estonia EE: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 97.947 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 98.300 % in 2011 and a record low of 97.593 % in 2014. Estonia EE: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Estonia – Table EE.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

Croatia HR: Account: Income: Richest 60%: % Aged 15+ data was reported at 89.233 % in 2014. This records a decrease from the previous number of 91.776 % for 2011. Croatia HR: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 90.504 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 91.776 % in 2011 and a record low of 89.233 % in 2014. Croatia HR: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Croatia – Table HR.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

Belarus BY: Account: Income: Richest 60%: % Aged 15+ data was reported at 75.889 % in 2014. This records an increase from the previous number of 63.769 % for 2011. Belarus BY: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 69.829 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 75.889 % in 2014 and a record low of 63.769 % in 2011. Belarus BY: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belarus – Table BY.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;

In 2023, roughly 1.49 billion adults worldwide had a net worth of less than 10,000 U.S. dollars. By comparison, 58 million adults had a net worth of more than one million U.S. dollars in the same year. Wealth distribution The distribution of wealth is an indicator of economic inequality. The United Nations says that wealth includes the sum of natural, human, and physical assets. Wealth is not synonymous with income, however, because having a large income can be depleted if one has significant expenses. In 2023, nearly 1,700 billionaires had a total wealth between one to two billion U.S. dollars. Wealth worldwide China had the highest number of billionaires in 2023, with the United States following behind. That same year, New York had the most billionaires worldwide.