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 around 748 billionaires in the United States. This was a slight increase from the previous year's total of 704, and a significant increase from the 66 billionaires in 1990.
This statistic presents the distribution of assets of the millionaire investors in the United States in 2014. In that year, ** percent of the financial assets of the U.S. millionaire investors was held in their principal residences.
The statistic shows the distribution of U.S. millionaires in 2013, by race and ethnicity. As of 2013, about ** percent of U.S. millionaires were White/Caucasian.
Additional information on racial income inequality
The issue of racial inequality in regards to income and wealth has been a problem through the entirety of the history of the United States. The statistic above demonstrates how the percentage of millionaires that identify as Black/African Americans is disproportionate to the share of the population overall. While the disproportionate number of millionaires demonstrates an undesirable degree of income inequality it is at the bottom of the wealth ladder within American society that the issue is most pressing. The overrepresentation of African Americans in contrast to the population in unemployment statistics are cause for concern on the part of the government and society as a whole. In 2014, nearly ** percent of surveyed families who placed themselves in the income bracket of under *** thousand dollars identified as black.
The percentage of non-white female business owners perhaps demonstrates that barriers to wealth exist but are diminished in unison. As barriers to wealth generation are removed for women, similar barriers are also being broken to allow for greater equality in the economic opportunities offered across the population of the United States. A central issue for policy makers is the time delay associated with policies aimed at reversing these inequalities. This was reflected in the 2015 Democratic and Republican presidential primary campaigns. Despite many major candidates discussing the issue none put forward meaningful proposals to address the problem. Even Senator Bernie Sanders who made addressing income inequality the cornerstone failed to separate the issue from income inequality generally. However, the global attention gained by movements such as ‘Black Lives Matter’ shows issues of racial inequality are prominent in the discourse of sections of the wider population if not forming a cornerstone of the political discourse in the United States.
The statistic presents the millionaires' wealth building strategies in the United States from 2010 to 2014. It was found that ** percent of the millionaires in 2014 attributed their wealth to hard work.
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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.
As of 2013, about ** percent of U.S. millionaires were Millennials, aged between 18 and 31.
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.
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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.
As of 2019, ** percent of millionaires in the United States had a net worth of between *********** and ********************** U.S. dollars. On the other end of the scale, **** percent of millionaires had a net worth of over *** million U.S. dollars.
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.
In 2024, the assets of high net worth individuals in North America, which amounted to **** trillion U.S. dollars, exceeded the assets of Asian Pacific HNWIs by *** billion U.S. dollars. The value of assets of HNWIs worldwide increased over ***** billion U.S. dollars in 2024. High Net Worth Individuals (HNWIs) are people with wealth exceeding *** million U.S. dollars.
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.
As of April 2025, Elon Musk was estimated as the wealthiest person in the United States with a net worth of around 342 billion dollars. Richest people in the United States - additional information Every year since 1982, the American business magazine Forbes has been compiling lists of the 400 richest people in the United States, known as the “Forbes 400.” In addition to that, since 1987, the publication has also been compiling a ranking of the 500 richest people in the world (excluding royalty and dictators), as well as more specialized tops, such as “World's Most Powerful Women,” “America's Richest Families,” “Most Valuable Brands” or “30 Under 30,” which focuses on young entrepreneurs from various fields which have gained millions in the past year by the use of social media, technical innovations and generally new and fresh approaches to business.
South Africa was home to the highest number of millionaires in Africa as of 2023. The country had 37,400 high net worth individuals (HNWIs), corresponding to roughly one-third of the total number of millionaires on the continent. Second, in rank, Egypt counted 15,600 HNWIs. According to the source, approximately 135,000 HNWIs lived in Africa, each with one million U.S. dollars or more net assets, excluding government funds. The wealth value refers to assets such as cash, properties, and business interests held by individuals living in a country with fewer liabilities. The rich in Africa Compared to 2020, the number of African millionaires increased by nearly nine percent. This means that 11,000 people joined the group of individuals with minimum net assets of one million U.S. dollars. The number of centi- and multimillionaires has increased as well. In 2022, the Nigerian Aliko Dangote held the title of the wealthiest person in Africa. Founder and chairman of Dangote Cement, the largest cement producer in the whole African continent, the billionaire also owns salt and sugar manufacturing companies. His net worth is estimated at nearly 15 billion U.S. dollars. Trillions of U.S. dollars in riches Total private wealth in Africa amounted to 2.1 trillion U.S. dollars in 2021, a slight increase from 2020. That year, the coronavirus (COVID-19) pandemic had led to job losses, drops in salaries, and the closure of many local businesses. Compared to other African countries, South Africa concentrated the largest private wealth. Egypt, Nigeria, Morocco, and Kenya completed the leading wealth markets. The five nations accounted for over 50 percent of Africa’s total wealth in 2021.
In a survey conducted in early 2020, ** percent of adults in the United States who identify with the Democratic Party believed that billionaires should be targeted and have to pay a wealth tax as part of the solution to wealth inequality. Independents also favored a wealth tax, with ** percent in support.
The statistic shows the number of millionaire households in the United States from 1997 to 2015, by net worth. In 1997, about *** million households had a net worth of * million U.S. dollars or more, excluding primary residence.
Elon Musk was the billionaire whose fortune increased the most during the COVID-19 pandemic. September 2019 to the same month in 2022, the world's richest man added a total of 231.1 billion U.S. dollars to his net worth. With 37.5 billion dollars, Larry Page added the second highest value to his net worth during the time under consideration. On the other hand, Facebook-founder Mark Zuckerberg recorded a loss of nearly 12 billion U.S. dollars during the time period.
As of 2022, from the almost 70 million people living in the United Kingdom (UK), 2,556 people were considered to be U.S. dollar millionaires. 2,227 UK citizens were thought to be in the top one percent of global wealth holders.
As of 2019, a plurality of millionaires in the United States, ** percent, owned only *** house. This compares to *** percent of millionaires who owned **** or more properties.
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.