Switzerland was the country with the highest rate of millionaires worldwide in 2021, with 16.4percent of the adult population owning assets worth more than one million U.S. dollars. Total population:Approximately 3.9 million, according to the US Census Bureau. The top five industries for producing millionaires are: Finance and Investments Technology Manufacturing Fashion and Retail Healthcare As a Premium user you get access to background information and details about the release of this statistic. According to estimates, in the middle of 2021 there were 56 million people worldwide whose assets exceeded one million dollars, of whom nearly 40% lived in the United States. Businesses and wealthy individuals moving to Switzerland can negotiate their own tax rate with the canton, with some seemingly tripping over each other promote their rock-bottom rates in presentations to entrepreneurs. Total population:9.7 million, according to Seoul Solution. Total population:37.3 million, according to World Population Review. Setting aside exchange rate movements, aggregate global wealth grew by 12.7% in 2021, which is the fastest an . And four countries that did not have a billionaire last year now have at least one citizen on the Forbes list: Uruguay, Estonia, Bulgaria and Barbados, which now has one very famous face. All rights reserved. Statista. Chart: Automakers Adoption of Fuel-Saving Technologies, Explainer: What to Know About the Ohio Train Derailment, Infographic: 11 Tech Trends to Watch in 2023. As a Premium user you get access to the detailed source references and background information about this statistic. While using such a metric certainly gives a quick snapshot of wealth per capita, it doesnt necessarily show the complete picture. [1][dubious discuss], * indicates links to articles on the economy of the country or territory. With 4.45 million individuals, China has the second highest millionaire population and it grew by 158,000 since 2018. Does Portland covertly have the most homeless persons per capita Another country shedding billionaires: Russia. The biggest reason for the drop? Mapped: The State of Democracy Around the World, Mapped: The Largest 15 U.S. Cities by GDP, Visualized: The Most (and Least) Expensive Cities to Live In, Mapped: The Population of Indias States Compared with Countries, Charted: 30 Years of Central Bank Gold Demand, Visualizing U.S. American states with highest ratio of millionaire households per capita in 2020 [Graph]. However, due to Iceland's small population, Iceland makes number 8 in the list. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Maryland. Along with the U.S., Japan, Germany, China, France, the United Kingdom, and Switzerland, respectively, rounded out the top seven countries with the highest HNW populations. The population ratio is based on 1 Jul 2019 U.S. Census Bureau data. You may even want to move to one of these places. Norway Total number of billionaires: 15 Billionaires per million people: 2.9. Number of billionaires: 19 Population: 5,469,700 Population per one billionaires: 287,879 Singapore is one of the wealthiest countries with a per capita GDP higher than that of most. Learn how our legal, holistic approach can help you. Its free. This gives it a slight advantage over second place Florida, which excels in quality of life and affordability, but falls further behind in terms of health care. Statista. Its capital and largest city, Prague, boasts a population of 1.3 million, while other major cities include Brno, Ostrava and the beer- capital of Europe, Pilsen. However, both nations also have the highest absolute household debt-to-GDP ratios in the world: in 2018, Switzerlands levels reached nearly 129%, while Australia followed behind at 120%. According to this methodology, Virginia is currently the best state for retirement. Learn more about how Statista can support your business. Not only did more Americans . "American states with highest ratio of millionaire households per capita in 2020." The total net worth of all millionaires stood at around $158.261trillion. The United Kingdom and Canada are fourth and fifth with around . Fredericksburg ranked No. 1 in Texas for millionaires per capita - mySA But Stefan. Accessed May 02, 2023. https://www.statista.com/statistics/294941/largest-ratio-millionaire-households-per-capita-us/, Kiplinger. Thor Bjorgolfsson. In its Global Wealth Report last October, Credit Suisse analysis found this trend was particularly prevalent following the financial crisis, as the Chinese and Indian economies grew at super-normal rates. You have Microsoft founder Bill Gates who tops the overall wealthiest people in the world list with a net worth of $79.4 billion (50.9 billion) and legendary investor Warren Buffett with $67.3 billion (43.2 billion) at third. Andrew Henderson wrote the #1 best-selling book that redefines life as a diversified,
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