In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number.

The statistic shows the number of millionaires in mainland China from 2015 to 2023, as estimated by a research institute in China. According to the report, there were 4.15 million millionaires owning assets worth over six million yuan - roughly equivalent to one million U.S. dollars - and 1,69 million millionaires with personal wealth of over ten million yuan in mainland China in 2023.

Research done by the Credit Suisse Research Institute states that the country with the highest number of millionaires is the U.S., with nearly 30 million millionaires and 17 million people with wealth up to $5 million! To put numbers in perspective, China, Japan, Germany, the U.K., and France, added together, have a total of 17 million millionaires!

As of December 2023, there were over 326,000 millionaires in India with a wealth of one million US dollars or more. There were 120 billionaires with a wealth of over one billion US dollars. There was an 85 percent growth in millionaires from 2013 to 2023 in the country.

Data from the Credit Suisse Global Wealth Report shows that in 2023 there were just under 30 million millionaires in the US.

New Jersey has the highest rate of millionaires, with 9.76% of households showing a net worth of $1 million or above. That means that 246,058 New Jersey households are millionaires.

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.

The millionaire number in Indonesia stood at around 82 thousand in 2021 and is projected to increase to about 134 thousand in 2024. In comparison, the amount of ultra high net worth in Indonesia in that year amounted to 1,403 individuals.

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.

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 92,918 people. In 2021, because of the coronavirus (COVID-19) pandemic, this number dropped to 91,426 millionaires. However, it is expected that by 2026 Romania will have over 136.5 thousand millionaires

Iceland was the country with the highest rate of millionaires worldwide in 2022, with more than 20 percent of the adult population owning assets worth more than one million U.S. dollars. Luxembourg followed behind with 16 percent of the population being millionaires, with Switzerland in third.

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.

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 2016, there were approximately 19.2 thousand millionaires in Pakistan. The number of individuals owning one million U.S. dollars or more in Pakistan is expected to rise to 26.9 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 eight thousand individuals.

Countries with the highest millionaire rate

In 2021, Switzerland had the highest rate of millionaires in the world, with 16.4 percent of the adult population owning assets worth more than one million U.S. dollars. Luxembourg came in second, with 16.2 percent of the population being millionaires, and Iceland came in third. Furthermore, over 22 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 five million top one percent wealth holders worldwide.

This statistic depicts the number of millionaires living in Taiwan from 2017 to 2023. In 2023, Taiwan had approximately 453,900 millionaires.

Total private wealth in Africa amounted to 2.5 trillion U.S. dollars in 2023, with the number of African billionaires reaching 21 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.

A dataset listing the 20 richest counties in Montana for 2024, including information on rank, county, population, average income, and median income.

This dataset is about book subjects and is filtered where the books includes Become a property millionaire : learn the secrets of the UK's leading property millionaire maker, featuring 10 columns including authors, average publication date, book publishers, book subject, and books. The preview is ordered by number of books (descending).

In 2023, over 44,300 people have declared income of one million or more in their tax returns in Poland. The highest number of millionaires lived in the Mazowieckie voivodeship. According to the source, Warsaw had over 5,200 millionaires in this period.