Millionaire

individual whose net worth or wealth is equal to or exceeds one million units of currency

A millionaire (originally and sometimes still millionaire) is a person whose net worth (or wealth) is at least one million units of a currency (most of the times it will be U.S. dollar). Millionaires are on average 61 years old with $3.05 in value.[1] This includes things like the stock market or real estate, not just money. In June 2020, there were 13 million people in the world who are classified as U.S.-dollar millionaires.[2] Another commonly used term is multimillionaire. This is used to call a persona having two or more millions of assets. In financial world the word multimillionaire is used to categorize person with $30 million of assets or more. They are also called high net worth individuals (or HNWIs).

America alone has 4,700,000 million HNWIs, with New York city having the most (an impressive total of 348,000 of them). Geneva has the highest density of super wealthy people per person in the world.


Millionares per country according to Credit Suisse:

World rank Country Number of

Millionaires

% of world total
1 United States 18,614,000 40%
2 China 4,447,000 10%
3 Japan 3,025,000 6%
4 United Kingdom 2,460,000 5%
5 Germany 2,187,000 5%
6 France 2,071,000 4%
7 Italy 1,496,000 3%
8 Canada 1,322,000 3%
9 Australia 1,180,000 3%
10 Spain 979,000 2%
11 Netherlands 832,000 2%
12  Switzerland 810,000 2%
13 India 759,000 2%
14 South Korea 741,000 2%
15 Taiwan 528,000 1%

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