Education is important, with 84 percent of millionaires having a college degree according to Spectrem.Current projections are that 1,700 new U.S.Neither methodology is superior, but it’s important to know what’s underneath the numbers so that you can cite the right statistics for your application. Those that use liquid asset methodology may undercount individuals worth at least $1,000,000 especially in regions where housing is expensive. Another difference that can be misleading is that some researchers consider the equity an individual has in their home as part of their wealth, while other researches only count those with liquid investable assets of at least $1,000,000.Therefore, research based on households will typically overstate the number of individual millionaires. there are 2.58 people per householdon average, which calculates to average wealth per person of $388,000 if the household had exactly $1,000,000. Some researches use household wealth to identify millionaires, which can be misleading. There is often debate on how to calculate how many millionaires there truly are.The nine cities with the most millionaires, in decreasing order are Tokyo, New York City, London, Paris, Frankfurt, Beijing, Osaka, Hong Kong, and Shanghai.If you’re a millionaire, you are in the top 0.6% of wealth for the world’s population.These top six countries represent 70% of the world’s millionaires.After the U.S at 40%, the next highest 5 countries for millionaires are China 10%, Japan 6%, United Kingdom 5%, Germany 5%, and France 4%.The annual increase in global wealth per adult was 2.6%.With a median wealth of $65,904 for an adult in the U.S., $1,000,000 represents 1517% of the median.Which indicates that approximately 14% of U.S.This means that about 7.6% of the U.S.Of those, 40% or 18.6 million individuals are in the United States.Credit Suisse’s latest global wealth reportshows there are 46.8 million millionaires (measured in USD) worldwide.After much of our own research, below are the sources and statistics that we believe are the best. Be sure to understand how the calculations were made so that it’s consistent with what you’re looking for. There are many methodologies used to determine an answer to this simple question, producing many different answers, some of which conflict with each other. Check back often as we continually update this page as new credible data are published. Whether you’re a journalist, aspiring millionaire, or simply interested in learning about millionaires, the information below is sure to be useful. ![]() The statistical data and the behavioral facts help provide a composite picture of millionaires. There’s also a summary of millionaire behaviors, supported by research, that reflect how they think, how they act, and what they believe. We’ve searched to find the best so that you don’t have to! Below you’ll find statistics specifically on how many millionaires there are in the United States and the world, including the global cities with the highest population of millionaires. If you’re really interested in the best and most recent data you’ve come the the right place. There’s much information published about millionaires that’s inaccurate or poorly researched. Don’t Waste Your Time On Research When It’s All Right Here! Here’s the latest 2021 millionaire statistics and facts on how many millionaires there are and their behaviors, all backed by credible sources.
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