According to UBS’ 2024 Global Wealth Report, nearly 22 million Americans, or roughly one in 15, had wealth exceeding USD 1 million last year, 2023. Although this figure represents a decrease from 22.7 million in 2022, the US continues to house 38 per cent of the world’s millionaires. This number is more than three times the millionaire population in mainland China, which holds the second-highest total. In comparison, the total number of millionaires in the US is equivalent to the combined total of Western Europe and China. Mumbai City Is Asia's Billionaire Capital Going Past Beijing, Shanghai: Check List of Top-10 Cities With Most Billionaires in the World.

UBS Global Wealth Report 2024

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