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Global Dollar-Millionaires Climb to 23.4 Million as Germany Sees Decline

Capgemini attributes the record wealth accumulation to equity market strength, with growing concentration among ultra-rich individuals.

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Jachthafen von Monte Carlo mit Luxusyachten und Autos in der Bucht von Monaco.
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Overview

  • The global population of dollar millionaires rose by 2.6 percent to 23.4 million in 2024.
  • Their combined wealth hit a record $90.5 trillion, a 4.2 percent increase over the previous year.
  • The United States accounted for 7.993 million millionaires, Japan for 3.990 million, and Germany’s total fell by about 40,000 to 1.605 million.
  • Capgemini attributes Germany’s decline to falling real estate values even as the number of super-rich individuals with over $30 million rose by 6.2 percent.
  • Europe saw a 2.1 percent decrease in millionaires while its ultra-high-net-worth segment grew by 3.5 percent.