Overview

• Boston Consulting Group reports that 3,900 Germans now qualify as ultra-high-net-worth individuals, collectively holding nearly $3 trillion in financial assets.
• The population of super-rich climbed by 500 last year and their combined wealth grew by 16 percent due to strong international equity markets.
• Germany ranks third worldwide for ultra-wealthy populations, following the United States and China.
• The number of individuals with at least $1 million in assets rose by 65,000 to 678,000 in 2024.
• Lower-wealth households recorded much smaller gains in 2024, underscoring an increasingly skewed distribution of financial growth.