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A recent report reveals that the United States has surpassed China as the leading country for millionaires and billionaires.
The number of Americans with liquid investible assets exceeding $1 million has now reached over 5.5 million, marking a 62% increase over the past decade, surpassing the global growth rate of 38%. This data is from the 2024 USA Wealth Report by Henley & Partners and New World Wealth.
Over the last five years, the millionaire population in the U.S. has grown by 35%, nearly double the rate of China. Currently, the U.S. is home to 37% of the world’s millionaires, up from 35% in 2018.
The disparity is even more pronounced at the top of the wealth pyramid. The U.S. boasts 9,850 centi-millionaires, individuals with a net worth of $100 million or more, compared to China’s 2,352. Additionally, the U.S. has approximately 788…
2024-03-22 11:57:55
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