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Millionaire hotspots: 10 countries with the most millionaires
ETimes | August 27, 2025 4:39 AM CST

Wealth, as we all know, is not evenly distributed across different strata of society; similarly, it is uneven across the world too. While some nations are booming with opportunity, others are still striving to catch up. A useful way to gauge a country’s economic strength is by looking at how many millionaires call it home. This figure reflects not just personal fortunes, but also the depth of wealth distribution, the stability of the economy, and how favorable the environment is for people to build riches. So, if you’re curious where the rich like to roam (or where you might casually bump into one sipping champagne at the next table), here’s your passport to the 10 countries with the most millionaires. Data sourced from Data Pandas.
United States – 24.4M millionaires

No surprises here, the US is the undisputed leader of the millionaire club. With 24.4 million millionaires, which equates to nearly 40% of the world’s wealthy, it stays on top of the list. Cities like New York, Los Angeles, and Miami are all about high-end shopping, and Michelin-starred dining. For travelers, the US is the place to experience the American Dream in real time, whether it’s Wall Street’s financial buzz or Silicon Valley’s innovation hubs.

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China – 6.2M millionaires
Next up is China which ranks second, showing how quickly wealth has expanded in recent decades. Beijing and Shanghai are buzzing with luxury malls, futuristic skylines, and some of the world’s most extravagant hotels. A traveller here won’t just see history at the Great Wall, but also get a glimpse of the new face of global wealth in glittering modern cities.
Japan – 3.36M millionaires

With 3.36M in the millionaire club, Japan is also fast becoming a hub of quiet luxury. Tokyo is known for its Michelin-starred restaurants, while Kyoto’s wealthy know the way of life. Travellers can experience understated elegance, from sushi omakase to high-tech Shinkansen rides.
United Kingdom – 2.85M millionaires
The UK has long been a place for the wealthy. Home to royalty, hedge fund managers, and luxury boutiques on Bond Street, it also houses around 2.85 million millionaires. The UK mixes old-world charm, with modern-day extravagance, and that too at ease.
France – 2.8M millionaires
In France, wealth translates into fine wine, haute couture, and Riviera yachts. Paris may be the capital of romance, but it’s also the capital of millionaires, and is home to 2.8 million of them. Travellers can indulge in art, fashion, and fine dining, while peeking at luxury living along the Côte d’Azur.

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Germany – 2.7M millionaires
Germany’s strong economy and industrial powerhouses have created 2.7 million millionaires. In Berlin, Munich, and Frankfurt, wealth meets culture, from Oktoberfest beer tents to sleek financial districts. Travellers will find a mix of historic castles and BMWs speeding down the autobahn.
Canada – 2.3M millionaires
Canada’s wealth is spread across Toronto, Vancouver, and Montreal. With 2.3 million millionaires, the country pairs financial growth with stunning natural backdrops. Here, you’re just as likely to see wealthy Canadian skiing in Whistler as you are to see them hosting corporate meetings in glass skyscrapers.
Australia – 2.2M millionaires

Down Under, wealth has surged in cities like Sydney and Melbourne. With 2.2 million millionaires calling this place their home, Australia’s beaches, vineyards, and reef resorts attract both the rich and everyday travelers.
Italy – 1.4M millionaires
Italy’s millionaires live amid art, food, and fashion. With 1.4 million wealthy residents, Milan’s designer stores and Rome’s luxury villas show off la dolce vita. Travellers can soak in culture while admiring how wealth and heritage blend seamlessly in this timeless country.
South Korea – 1.3M millionaires
South Korea rounds out the top 10 with 1.3 million millionaires, fueled by its tech giants and global pop culture. In Seoul, you’ll find cutting-edge gadgets, K-pop flash, and luxury shopping. Travelers can enjoy street food one minute and designer brands the next, in a city that thrives on both tradition and modern excess.


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