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.

In 2019, there were **** million millionaires in the United States. This makes the United States the country with the highest number of millionaires in the world. Japan is second, with **** million millionaires in 2019.

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.

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

This statistic presents the American states with highest ratio of millionaire households per capita in 2020. In that year, New Jersey had the highest ratio of millionaire households per capita in the country, with 9.76 percent of households holding over one million U.S. dollars in assets.

Dataset Card for 100 Richest People In World

  Dataset Summary

This dataset contains the list of Top 100 Richest People in the World Column Information:-

Name - Person Name NetWorth - His/Her Networth Age - Person Age Country - The country person belongs to Source - Information Source Industry - Expertise Domain

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[More Information Needed]… See the full description on the dataset page: https://huggingface.co/datasets/nateraw/100-richest-people-in-world.

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.

In 2022, ****** was home to the highest number of millionaires, followed by India’s capital New Delhi, and the IT capital - Bengaluru. This comes as no surprise since all three cities have the largest share of high net worth households along with a booming economic outlook. Overall, India had around *** billionaires as of March 2023, and ranked third globally in terms of its ultra-net-worth individuals. A growing wealth gap Despite this, India also has a very high wealth inequality with millions of people living below the poverty line. In fact, according to the last census, the state of Maharashtra (with Mumbai as its capital city) had the highest number of slums across the country with over *** million households. Furthermore, according to a 2015 study on the geography of the super-rich, Bangalore was ranked first in terms of the inequality between its rich and poor, with the wealth of the city’s billionaires being ******* times that of the average per capita GDP in the city. Mumbai came second in this listing, while Delhi was ranked fifth. It's a rich man's world As of 2018, the richest ** percent of Indians owned **** percent of the country’s wealth. The Indian economy was also seen to be one of the fastest growing economies across the world. This indicates the level of unequal distribution of wealth in the country. This is a matter of grave concern and has several implications in terms of the country’s development and progress.

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 Q1 2025 about net worth, wealth, percentile, Net, and USA.

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.

Private Bodyguard Service Market Outlook

The global market size for private bodyguard services was valued at approximately USD 25 billion in 2023 and is projected to reach around USD 40 billion by 2032, growing at a CAGR of 5.5% during the forecast period. The growth of this market is primarily driven by the increasing need for personal security due to rising crime rates, political instability, and the growing number of high-net-worth individuals and corporate executives who feel the need for enhanced personal protection.

One of the major growth factors contributing to the expansion of the private bodyguard service market is the increasing incidence of crime and violence across various regions. High-profile individuals, including celebrities, politicians, and business executives, often face threats ranging from kidnapping to cyber-attacks. As these threats become more frequent and sophisticated, the demand for professional personal protection services is on the rise. Additionally, the instability in certain regions further fuels this need, making security services indispensable for those who require constant protection.

Another significant factor driving the market growth is the rising number of high-net-worth individuals (HNWIs) globally. With the increasing wealth disparity and the growing number of millionaires and billionaires, there is a corresponding rise in the demand for personal security services. These individuals often require round-the-clock protection, not just for themselves but also for their families and properties. This trend is particularly noticeable in regions with high economic growth and wealth accumulation, where HNWIs are more likely to invest in private bodyguard services.

Furthermore, the corporate sector is increasingly recognizing the importance of executive protection. High-ranking corporate executives and key decision-makers are often exposed to various risks, including kidnapping, espionage, and threats from disgruntled employees. As companies expand globally, the need to ensure the safety and security of their executives has become paramount. Many corporations are now incorporating security services into their standard operating procedures, leading to a surge in demand for professional bodyguard services tailored to the business environment.

In addition to personal and executive protection, Private Investigation Services have become an integral part of the security landscape. These services are essential for individuals and businesses seeking to uncover information discreetly and effectively. Private investigators are often employed to conduct background checks, surveillance, and fraud investigations, providing clients with crucial insights and evidence. The demand for such services has grown alongside the rise in cyber threats and corporate espionage, where understanding the source of a threat can be as important as mitigating it. As businesses and individuals become more aware of the potential risks they face, the role of private investigation services in ensuring comprehensive security solutions continues to expand.

The regional outlook for the private bodyguard service market indicates significant growth potential across different geographic areas. North America remains a dominant player due to its high concentration of HNWIs and corporate executives. In contrast, the Asia Pacific region is expected to witness the highest growth rate, driven by rapid economic development, increasing wealth, and rising security concerns. Europe and Latin America also present substantial opportunities, albeit with varying growth dynamics influenced by regional economic and political factors.

Service Type Analysis

Personal Protection Analysis

The personal protection segment is one of the most prominent in the private bodyguard service market. This segment primarily caters to individuals who require constant or periodic personal security, including celebrities, politicians, and high-net-worth individuals. The increasing threats of kidnapping, assassination, and harassment have led to a surge in demand for personal protection services. Companies offering these services provide highly trained bodyguards equipped with advanced technology to ensure the safety of their clients. The customization of services according to the clientÂ’s lifestyle

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 university in the United States with the largest endowment market value in 2024 was Harvard University, with an endowment fund value of about 51.98 billion U.S. dollars. U.S. higher education Colleges and universities in the United States rank highly among the world’s most prestigious institutions of higher education. Many universities are particularly well known for their strong research capabilities and their connections to many Nobel Prize winning laureates.The U.S. university system is largely decentralized. Except for service academies and staff colleges, the federal government does not directly regulate universities; public universities are administered solely by the individual states. Besides the state administered public universities, there are many private universities in the United States, most are non-profit institutions, similar to the public universities, but there are also a number of institutions that rely on profit (Walden University in Minnesota, for example).In general, tuition fees are required to be paid by students at American universities. Public universities generally charge lower tuition rates to in-state students, than to out-of-state students. Private universities are often much more expensive than public ones because they do not receive funding from state governments.American students are often required to take out student loans to supplement scholarships and grants provided by diverse sources to be able to pay for tuition. Student debt has become a major issue in the United States in recent years, with many Americans unsure if they can even afford to pay off their student loans in the future.

In 2023, by far the highest number of individuals with net assets of at least ** million U.S. dollars worldwide were residing in North America, reaching over ******* people. Asia recorded the second highest number of UHNWIs in the world with over ******* individuals.A small share owns vast sums of wealthThe vast majority of global wealth is concentrated in the hands of a few people. Only *** percent of the global population owns assets worth more than *** million U.S. dollars. The richest people in the world are Elon Mask, Jeff Bezos, and Bernard Arnault. When it comes to women, Francoise Bettencourt Meyers led the ranking of the most affluent women worldwide. The wealth of over ** percent of UHNWIs was self-made. Where UHNWIs live and where they leave Unsurprisingly, as North America is the world region with the highest number of UHNWIs, the United States is the country with the highest UHNWI count. However, Hong Kong, special administrative (SAR) region in China, is the city with the highest number of UHNWIs. Nevertheless, China was the country that recorded the highest outflux of UHNWIs in 2022.

This statistic shows the number of millionaire households in the United States from 2006 to 2020. As 2020, the number households with a net worth of one million U.S. dollars or more (excluding primary residence) stood at 11.6 million, up from 11 million in 2019.

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

Total private wealth in Africa amounted to *** trillion U.S. dollars in 2023, with the number of African billionaires reaching ** billionaires. In 2023, the richest individual in Africa was the Nigerian Aliko Dangote. Founder and chairman of Dangote Cement, the largest cement producer in the whole African continent, the billionaire also owns salt and sugar manufacturing companies.

With a net worth of 342 billion U.S. dollars, Elon Musk, the cofounder of seven companies, such as electric car maker Tesla and the rocket producer SpaceX, was the wealthiest man in the world in March 2025. The wealthiest people in the world Marc Zuckerberg, the cofounder of Meta Platforms, came second with a wealth of 235.6 billion U.S. dollars. Amazon-founder Jeff Bezos followed in third. All the 10 richest people in the world were men. Wealth distribution worldwide As of 2022, one percent of people held nearly half of the world's combined wealth. Moreover, 2.8 billion of the world's population hold a combined wealth of less than 10,000 U.S. dollars, compared to 59 million people having a combined wealth of 1 billion dollars or more, underlining the vast inequalities around the world. Where do the most affluent people live? Most millionaires live in the United States, while Hong Konk was the city hosting the largest number of high net worth individuals worldwide. The country with the highest number of billionaires is China.

******* of the ** million U.S. dollar millionaires worldwide in 2022 had a wealth of more than ** million U.S. dollars. The vast majority of the global millionaires had a wealth between *** and **** million U.S. dollars.

A multi-millionaire is defined as someone owning ** million U.S. dollars or more. It was forecasted that there would be almost ** thousand individuals in Australia defined as multi-millionaires by 2026. This is in line with the country’s growing economy over the years as well as the growing wealth inequality that was becoming a cause for concern in the island nation.

Distribution of the wealthy

As a rich country with plenty of natural resources and a high Human Development Index, Australia had always had a large number of high net-worth individuals or HNWIs. There were over *** thousand millionaires including a couple dozen of billionaires, with these figures expected to grow significantly over the next few years.

Income inequality

Despite the increase of wealth and economic growth, there was a concern at the level of poverty and homelessness due to the rising wealth inequality nationally. The number of homeless people living in Australia had only been increasing with more than a hundred thousand people currently without shelter. Furthermore, most of the wealth was being pushed from the country to the cities, affecting the livelihood of those living in the countryside or outback.