Top 10 Countries With The Most Millionaires

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1. United States

wealthiest nation, 975 billionaires, $4.45tn wealth. Top rich unaffected by pandemic, doubled wealth, surpassed bottom 50% ($2.62tn). CA key hub.

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2. China

China's booming economy has led to a surge in billionaires, particularly in Hong Kong, but limited diversification hampers long-term growth.

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3. Germany

176 billionaires, 1.6 million millionaires, thanks to high GDP and pandemic-saving habits.

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4. India

India's billionaires doubled wealth, worsening inequality. Taxing top billionaires' gains could fund education and employment. Crisis persists.

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5. United Kingdom

UK's wealthiest people include Ratcliffe and Platt. Some billionaires left. London attracts rich individuals, including Indian fugitives, due to lax regulations and tax benefits.

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6. Switzerland

diverse origins, wealth from finance, industry, and luxury. Immigration, taxation, and Swiss-made products attract the rich.

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7. Russia

Russia's billionaires gained wealth during the pandemic but face grim prospects due to sanctions and geopolitical tensions.

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8. Saudi Arabia

Oil price reversal in 2018 hit Middle East billionaires hard. Saudi Arabia saw wealth decline but retained ninth place. Corruption cases shook wealthy elite.

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9. France & Italy

France and Italy have 68 billionaires each, with France leading in wealth. Luxury brands drive the French economy, while Italy sees rich brand owners.

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10. Canada

COVID worsened wealth inequality, with Canadian billionaires' assets growing 51%. Global billionaires gained double the world's wealth in 2 years. Millions suffer while a few prosper.