Top countries for multi-millionaires
The number of multi-millionaires in the world is growing, making up close to 4% of the world total millionaire population.
This is according to a New World Wealth report, which pegs the total number of dollar millionaires in the world at 13 million, with approximately 495,000 of that number classified as multi-millionaires.
Millionaires are individuals with net assets of US$1 million or more, while multi-millionaires are individuals with assets of at least US$10 million.
Over the past 10 years, the number of multi-millioniares has increased by 71%, the group noted, while millionaire numbers increased by 58% over the same period.
The USA is the top ranked country for both classifications of millionaires, with the nation housing 37% of the world’s multi-millionaires and about 33% of the world’s millionaires.
Top millionaire and multi-millionaire countries
| Rank | Millionaires | # | Multi-Millionaires | # |
| 1 | USA | 4,105,000 | USA | 183,500 |
| 2 | Japan | 1,255,400 | China | 26,600 |
| 3 | UK | 840,000 | Germany | 25,400 |
| 4 | Germany | 821,900 | UK | 21,700 |
| 5 | China | 608,500 | Japan | 21,000 |
However, it’s Hong Kong which takes the city crown for the most multi-millionaires, hosting 15,400 multi-millionaires within its boundaries.
London ranks as the top city for millionaires, with 376,600 millionaires living there.
Top millionaire and multi-millionaire cities
| Rank | Millionaires | # | Multi-millionaires | # |
| 1 | London | 376,600 | Hong Kong | 15,400 |
| 2 | New York | 319,700 | New York | 14,300 |
| 3 | Tokyo | 265,800 | London | 9,700 |
| 4 | Singapore | 223,800 | Moscow | 7,600 |
| 5 | Hong Kong | 211,700 | Los Angeles | 7,400 |
Geneva remains the most millionaire-dense city in the world, with a millionaire density of 7.8%, or one in every 13 people.
More on global millionaires
Where are the world’s millionaires going?
Cities with the most millionaires
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