Growth in wealth: Increase in number of millionaires exhibiting substantial increase in dollar holdings
Visualize the wealth spectrum with a dash of savvy, here's a fresh take on the banks' bustling billionaire bazaar:
In the honey-pot of financial fortune, the 2025 elite millionaire club danced a merry jig. And who led this grand reel? Well, the United States, China, France, Japan, and Germany, draped in their gilded finery, took the top-five spots. But taking a curtain call, bursting onto the world stage with a high-kick and a swagger, was none other than Mother Russia!
Skipping agilely up the ranks, Russia capped the new year with an impressive 4.6% leap forward. The country's wealth cache, weighing in at a tape-measure-busting 426,000 millionaires, landed it at the 20th position globally. And that's not all! As the world's total millionaire count meandered towards the 60-million mark, Russia's growth rate outpaced even the fastest sprinters on the field.
Now, what about the global millionaire milieu in its entirety? Well, the United States continued its reign with a robust 23.8 million millionaire minions, while China chased close with 6.3 million. France, Japan, and Germany didn't lag far behind, each boasting a bulky 2.7 - 2.9 million millionaire musketeers.
It's important to mention that Switzerland, the U.S., and Hong Kong held the ace in the game of wealth per person. But ol' Russia still lagged behind in this metric. However, the country had something to brag about — a steep income inequality index teetering on 0.82, a fact it shared with Brazil. At the other end of the spectrum, the luckiest residents in Slovakia, Belgium, and Qatar found themselves skipping through life with the most equitable dough distribution, so to speak.
Twiddling our thumbs down memory lane, we find a trio of big-time business folk from the Zabaykalsky region commanding attention in the global ranking. Vladimir Potanin, co-owner of the Norilsk Nickel corporation, dominated this group with his star status.
Let's take a quick peek at how the rest of the wealth-hoarding globe fared in 2024. Oh, the exotic dances of growth! With an 8.4% flourish, Türkiye jigged its way to the fastest growth worldwide, raking in an extra 7,000 millionaires. Not too far behind, the United Arab Emirates boogied the second-fastest with a 5.8% rise. Talk about a groovy step forward for the global millionaire population!
To give you the full picture, allow me to present a sexy, sequined coat dance around the global millionaire waltz.
| Rank | Country | Number of Millionaires (millions) | Growth Rate in 2024 ||-------|----------------|----------------------------------|----------------------|| 1 | United States | 23.831 | Moderate || 2-10 | ... (Table not shown here due to character limit) | | || — | Türkiye (Turkey)| 0.068 (68,000) | Highest growth: +8.4% || — | UAE | Not in top 10 millionaires list | 2nd highest growth: +5.8% |
In the realm of global finance, Russia's personal-finance sector significantly expanded in 2025, outpacing many other nations, thanks to a 4.6% leap in the number of millionaires, placing the country at the 20th position. This impressive growth also resulted in a surge in the total millionaire count, making investing in Russian business an attractive prospect for some.
With the United States leading the billionaire bazaar and countries like China, France, Japan, and Germany following closely, it's essential to keep an eye on the ever-evolving millionaire milieu and the opportunities it presents for businesses and personal-finance management.
