The world is home to a staggering number of millionaires. According to a report by Credit Suisse, the total net worth of all millionaires stood at $158.261 trillion in 2020. This means that the world’s millionaires account for a whopping 32.5% of the world’s total wealth.
When it comes to the geographical distribution of millionaires, the United States is the leader with 19.39 million millionaires, accounting for 31.1% of the world’s total. China is in second place with 4.68 million millionaires, followed by Japan with 3.22 million.
The European Union is home to the most millionaires, with a total of 14.4 million. The United Kingdom is the region’s largest contributor with 2.6 million millionaires, followed by Germany with 1.9 million and France with 1.3 million.
In terms of the percentage of millionaires, Monaco is the clear leader with almost one in three adults being millionaires. Switzerland is in second place with 8.3% of adults being millionaires, followed by Hong Kong with 6.3%.
The United States is the fourth-largest contributor to the world’s millionaires, with 5.2% of adults being millionaires. The United Kingdom is in fifth place with 4.2%, followed by Singapore with 3.7%.
When it comes to the percentage of millionaires in the world, the United States is the leader with 19.39 million millionaires, accounting for 31.1% of the world’s total. China is in second place with 4.68 million millionaires, followed by Japan with 3.22 million. The European Union is home to the most millionaires, with a total of 14.4 million. The United Kingdom is the region’s largest contributor with 2.6 million millionaires, followed by Germany with 1.9 million and France with 1.3 million.
In conclusion, the world is home to a staggering number of millionaires. The United States is the leader with 19.39 million millionaires, accounting for 31.1% of the world’s total. The European Union is home to the most millionaires, with a total of 14.4 million. Monaco is the clear leader when it comes to the percentage of millionaires, with almost one in three adults being millionaires.