18,600,000 Millionaires in US

Written by Jim the Realtor

March 14, 2021

San Diego County has 3.338 million people, plus more affluence arriving daily.

There is 27.5% of the SDCo population that is under age 18.

3,338,000 x 72.5% x 7.6% = 183,923 millionaires in SD County!

You can imagine the horsepower that homebuyers are up against – millionaires trying to outdo millionaires!

  1. Credit Suisse’s latest global wealth report shows there are 46.8 million millionaires (measured in USD) worldwide.
  2. Of those, 40% or 18.6 million individuals are in the United States.
  3. This means that about 7.6% of the U.S. adult population are millionaires.
  4. Which indicates that approximately 14% of U.S. households are in the millionaire club
  5. With a median wealth of $65,904 for an adult in the U.S., $1,000,000 represents 1517% of the median.
  6. The annual increase in global wealth per adult was 2.6%.
  7. After the U.S at 40%, the next highest 5 countries for millionaires are China 10%, Japan 6%, United Kingdom 5%, Germany 5%, and France 4%.
  8. These top six countries represent 70% of the world’s millionaires.
  9. If you’re a millionaire, you are in the top 0.6% of wealth for the world’s population.
  10. The nine cities with the most millionaires, in decreasing order are Tokyo, New York City, London, Paris, Frankfurt, Beijing, Osaka, Hong Kong, and Shanghai.

https://millionairefoundry.com/millionaire-statistics/

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