Business

The 10 Million Millionaire's Club

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India boasts 123,000 millionaires, a 23 percent jump from last year, the fastest growth in any country in the world, according to the World Wealth Report by Capgemini and Merrill Lynch. China experienced a 20 percent growth in millionaires, to 415,000.

 

Nearly 30% of the world’s millionaires are from the United States.

According to the report, 10.1 million individuals worldwide (0.2% of the global population), have $1 million in financial assets. Between them their wealth totaled $40.7 trillion. The number of ultra high net worth individuals – those with net worth over $30 million – topped 103,000. 

Country Growth Millionaires
India 22.70% 123,000
China 20.30% 415,000
Brazil 19.10% 143,000
South Korea 18.90% 118,000
Indonesia  16.80% 23,000
Slovakia 16.00% 4,000
Singapore 15.30% 77,000
UAE 15.30% 78,000
Cech Republic 15.10% 17,000
Russia 14.40% 136,000
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