Millionaires Around the World
Some countries are havens for millionaires, thanks to favorable economic and tax conditions. In this article, discover the top 10 nations with the highest number of millionaires.
Top 10 Countries with the Most Millionaires
10 - South Korea
Number of millionaires: 1.3 million
Main sectors: Technology, exports
Main challenge: Rising inequality
9 - Italy
Number of millionaires: 1.5 million
Main sectors: Luxury, industry
Main challenge: Economic instability
8 - Australia
Number of millionaires: 1.8 million
Main sectors: Real estate, mining
Main challenge: Inflation and real estate market
7 - Canada
Number of millionaires: 2 million
Main sectors: Real estate, finance
Main challenge: Rising cost of living
6 - United Kingdom
Number of millionaires: 2.5 million
Main sectors: Finance, real estate
Main challenge: Impact of Brexit
Top 10 Countries with the Most Millionaires
5 - Germany
Number of millionaires: 2.6 million
Main sectors: Industry, engineering
Main challenge: Financial prudence
4 - France
Number of millionaires: 3 million
Main sectors: Luxury, real estate
Main challenge: Wealth taxation
3 - Japan
Number of millionaires: 3 million
Main sectors: Real estate, traditional businesses
Main challenge: Family inheritance
2 - China
Number of millionaires: 6.2 million
Main sectors: Technology, real estate
Main challenge: Government regulation
1 - United States
Number of millionaires: 22 million
Main sectors: Technology, finance, real estate
Main challenge: Wealth taxation
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