How many millionaires are in the world? More than 400,000 new dollar millionaires were created last year as the fortunes of the already-well off ticked over into six-zeros despite the decline in global stock markets.
It takes the number of millionaires across the world to 22.6 million.
The global population of high-net-worth individuals (HNWIs), classed as those with between $1m and $30m (£775,000-£23.3m) in liquid assets, grew by 1.9% to 22.4 million in 2018, according to the research firm Wealth-X. On top of this there were a further 255,810 ultra-high-net-worth individualswith fortunes of more than $30m.
The most millionaires are located in the US, with 8.7 million, followed by China (1.9 million), Japan (1.6 million), Germany (1 million) and the UK (900,000). The UK’s HNWI population grew by 1.5%, with a combined wealth, of $2,426bn, up $36bn on the previous year.
Read more starting at ‘The UK’s richest person is Sir Jim Ratcliffe, the founder and chief executive’ at……..Kerching! 400,000 new dollar millionaires created in 2018