According to the Credit Suisse Global Wealth Report, 41 percent of the world’s millionaires live in the United States. Japan comes a very distant second with 8 percent. This gap wasn’t always so pronounced – Japan’s millionaire population fell considerably in recent years while the United States has experienced a significant increase. Globally, Europe has the highest density of millionaires. France is home to 7 percent of them while Germany and the UK follow closely with 6 percent each.
You will find more statistics at Statista
According to a study carried out by Spear’s magazine and wealth consultancy company WealthInsight, the tiny principality of Monaco has the highest density of millionaires in the world. Well known for being a playground for the rich and famous, almost a third of its 37,000 population hold net assets of $1 milllion or more (excluding their primary residences). After Monaco, you’re most likely to pass a millionaire on the streets of Zurich in Switzerland. 27.34 percent of Zurich’s population are millionaires.
Another Swiss city, Geneva, rounds off the top three with a millionaire density of 17.92 percent. The gap between the top three and the rest is quite considerable. New York makes it into fourth place with 4.63 percent while Germany’s financial capital, Frankfurt, completes the top five with a density of 3.88%.
You will find more statistics at Statista
To be laconic, wall street = money
Switzerland currently has the highest average net wealth – even higher than Norway. Followed by Australia.
I regularly have to correct asshats that waffle on about how great Germany is doing. Germany is no shining star. They have a relatively high manufacturing base, but wages are not good, taxes are high etc. Their average net wealth is around 1/3 of that of the Swiss and about half that of Australians.
Well my best friend used millionairelovers.com but only met a really nice guy who only make 350,000 a year, ah that’s better than nothing. …
According to The Millionaire Next Door, you can find one of those suckers living in a 50 year old house and driving a 1964 Dodge Dart.
You can find a lot of these “millionaire next door” types in my neighborhood living in modest, paid-off bungalows that sell for about $400K. They usually own a couple of rental flats around the area, own 8 year old cars, and when they eat out, it’s at one of the local restaurants, of which we have scads- we have dozens of middle eastern restaurants within walking distance of my place.
These people live the same lives they’ve always lived while accumulating their money. They’re frugal without being silly about it. They don’t travel much, and they don’t buy a lot of stuff. They don’t pinch pennies, but they don’t go looking for things to spend money on, and they stay away from the trendoids in the downtown zip codes.