The U.S. is the top country for millionaires and billionaires

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The population of millionaires in the U.S. over the past five years has grown nearly twice as fast as China’s.

There are now more than 5.5 million Americans with liquid investible assets of more than $1 million, up 62% over the past decade.

There are now more than 5.5 million Americans with liquid investible assets of more than $1 million, up 62% over the past decade and well above the global growth rate of 38%, according to theIn the past five years, the population of millionaires in the U.S. has grown 35%, nearly twice as fast as China’s. The U.S. is now home to 37% of the world’s millionaires, up from 35% in 2018.

“The USA remains the world’s undisputed leader in private wealth creation and accumulation,” according to the report."China has certainly slowed a lot due to these elements and the U.S. has benefited," he said.

 

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