Global Finserve Research : Across the world, there are approximately 58 million millionaires, accounting for 1.5% of the global adult population. The United States leads with 23.7 million millionaires, making up around 38% of the global total. China follows with 6.2 million millionaires, while Western Europe has about 16.2 million millionaires. India and Eastern Europe contribute a smaller share of the global millionaire population, but their wealth is growing. As global wealth distribution continues to evolve, more individuals are achieving millionaire status.
As of start of 2025, the global distribution of households with a net worth of at least $1 million is as follows:
🌍 Global Overview
- Worldwide: Approximately 58 million individuals possess a net worth exceeding $1 million, representing about 1.5% of the global adult population. Al Jazeera
🇺🇸 United States
- Millionaire Households: Approximately 23.7 million U.S. households have a net worth of at least $1 million, accounting for about 18% of all U.S. households.
🇨🇳 China
- Millionaire Households: China is home to approximately 6.2 million individuals with a net worth exceeding $1 million. World Population Review
🇮🇳 India
- Millionaire Households: India has approximately 93,753 individuals with a net worth over $1 million, reflecting a 6% increase in 2024. Outlook Business+1Business News Today+1
🇪🇺 Europe
- Millionaire Households: Western Europe accounts for about 28% of the world’s millionaires. United States of America
number of millionaire households or individuals in each region:
📊 Millionaires as % of Population
| Region/Country | Millionaire Households/Individuals | Total Population (approx.) | % of Population with >$1M Net Worth |
|---|---|---|---|
| United States | 23.7 million | 332 million | 7.1% |
| China | 6.2 million | 1.43 billion | 0.43% |
| India | 93,753 | 1.43 billion | 0.0065% |
| Western Europe | 16.2 million | 746 million | 2.17% |
| Global Total | 58 million | 8 billion | 0.73% |
🧠 Key Insights:
- United States: About 7.1% of the population has a net worth over $1M, the highest concentration of millionaires globally.
- China: Although it has the second-largest number of millionaires (6.2 million), they make up a much smaller 0.43% of the population due to its vast population size.
- India: Has a very small proportion (0.0065%) of its population with $1M+ net worth, despite having a large number of millionaires in absolute terms.
- Europe: Wealth is more evenly distributed, with about 2.17% of the population across Western Europe holding over $1 million in net worth.
📊 Millionaires Across The Globe
| Region/Country | Number of Millionaires | Share of Global Millionaires |
|---|---|---|
| United States | 23.7 million | ~38% |
| China | 6.2 million | ~10% |
| India | ~93,753 | ~0.16% |
| Western Europe | ~16.2 million | ~28% |
| Global Total | 58 million | 100% |
📊 Millionaire Breakdown for Eastern Europe
| Country | Number of Millionaires | Share of Global Millionaires | Total Population (approx.) | % of Population with >$1M Net Worth |
|---|---|---|---|---|
| Russia | ~1.2 million | ~2.07% | ~145 million | 0.83% |
| Poland | ~300,000 | ~0.52% | ~38 million | 0.79% |
| Czech Republic | ~120,000 | ~0.21% | ~10.7 million | 1.12% |
| Hungary | ~150,000 | ~0.26% | ~10 million | 1.5% |
| Romania | ~200,000 | ~0.34% | ~19 million | 1.05% |
| Ukraine | ~150,000 | ~0.26% | ~42 million | 0.36% |
| Bulgaria | ~80,000 | ~0.14% | ~7 million | 1.14% |
| Serbia | ~60,000 | ~0.1% | ~7 million | 0.86% |
| Croatia | ~50,000 | ~0.09% | ~4 million | 1.25% |
| Slovakia | ~40,000 | ~0.07% | ~5.4 million | 0.74% |
| Slovenia | ~30,000 | ~0.05% | ~2 million | 1.5% |
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Disclaimer:
The information provided above is for educational and illustrative purposes only and does not constitute financial, investment, tax, or legal advice. The calculations are based on hypothetical scenarios and assumed rates of return, which are not guaranteed and may not reflect actual investment results. Past performance does not guarantee future returns. Before making any financial decisions, you should consult with a qualified financial advisor or professional who understands your specific circumstances. The user assumes all risk associated with the use of this information.