🔺 Ranked: Top 12 Countries by Millionaire Population Growth
A recent UBS Global Wealth Report forecasts the growth of millionaire populations in the top 12 countries from 2023 to 2028, with several emerging markets and a few developed economies expected to see increases of over 20%. Taiwan leads the ranking, projected to surpass one million millionaires by 2028, largely due to its robust microchip industry and the immigration of wealthy individuals.
Türkiye ranks second, anticipating a 43% increase in millionaires, fueled by its expanding tech sector, which includes six unicorn startups. Conversely, the report highlights that the Netherlands and the UK are expected to lose millionaires by 2028, with projections of a 4% decline in the Netherlands and a 17% drop in the UK. This aligns with estimates suggesting nearly 10,000 millionaires may leave the UK in 2024.
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A recent UBS Global Wealth Report forecasts the growth of millionaire populations in the top 12 countries from 2023 to 2028, with several emerging markets and a few developed economies expected to see increases of over 20%. Taiwan leads the ranking, projected to surpass one million millionaires by 2028, largely due to its robust microchip industry and the immigration of wealthy individuals.
Türkiye ranks second, anticipating a 43% increase in millionaires, fueled by its expanding tech sector, which includes six unicorn startups. Conversely, the report highlights that the Netherlands and the UK are expected to lose millionaires by 2028, with projections of a 4% decline in the Netherlands and a 17% drop in the UK. This aligns with estimates suggesting nearly 10,000 millionaires may leave the UK in 2024.
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