There have never been so many dollar millionaires before. In total, more than 23 million people had such a high assets last year. The number of very rich has decreased in Germany.
The number of dollar millionaires rose again last year. In 2024, an estimated 23.4 million people had a fortune of at least one million dollars. According to the consulting company Capgemini, this is the highest level since the first evaluation in 1997. Compared to the previous year, the number rose by 2.6 percent.
The report mentions increasing courses in many stock markets and optimism in terms of artificial intelligence. In addition, the entire assets of the super-rich also increased. According to the prosperity report, it rose by 4.2 percent to 90.5 trillion dollars. This also marks a new high. The lion’s share of the increase in assets came from the USA.
Germany lands in third place
The annual estimate, the “World Wealth Report”, is about investment -effective assets of at least one million dollars. This includes shares, fixed -income securities, alternative investments, cash and real estate, as long as they are not used themselves. Art collections and goods such as cars and jewelry are not included.
Germany ends up third in the worldwide ranking of the millionaires. According to the 2024 evaluation, more than 1.6 million Germans were one of the dollar millionaires. But the number shrank in this country: around 40,000 people within one year. Capgemini mentions the declining property prices in Germany as a possible reason. According to the calculations, the assets of the German rich were $ 6.32 trillion.
USA have most millionaires
The United States is at the top of the ranking with more than 7.9 million millionaires. They recorded the strongest growth with 562,000 additional millionaires, which corresponds to an increase of 7.6 percent. Japan with more than 3.9 million very wealthy people is in second place. The USA, Japan, Germany and China together have almost two thirds (64.5 percent) of global dollar millionaires.
While the number of millionaires increased significantly in North America, it decreased in Europe, Latin America and the Middle East. The report for Europe mentions economic stagnation as reasons. The falling figures in Latin America, on the other hand, are due to currency devaluation and fiscal instability. In the Middle East, it is mainly about falling oil prices.
According to the information, the evaluation covers a total of 71 countries from which more than 98 percent of global gross national income and 99 percent of global stock market capitalization are eliminated. In addition, 6,472 dollar millionaires were asked about their investment strategy at the beginning of January.
