INSUBCONTINENT EXCLUSIVE:
This dominance extends across all wealth brackets, with the US home to 36% of global centi-millionaires and 33% of billionaires.The American
Switzerland has also performed well with a 28% increase in millionaires during this period.Australia showed even stronger growth at 30%,
with its millionaire population rising from 176,000 in 2020 to a projected 215,000 in the coming years.The US currently boasts approximately
6,041,600 millionaires, 10,800 centi-millionaires, and over 850 billionaires
China follows with around 827,900 millionaires, 2,250 centi-millionaires, and about 280 billionaires.U.S
Reclaims Crown as Global Wealth Leader, Outpacing China
(Photo Internet reproduction)Switzerland maintains its status as a wealth haven with 580,000 millionaires despite having a population
roughly one-tenth the size of Germany
New York City remains the wealthiest city globally with 384,500 millionaires, including 818 centi-millionaires and 66 billionaires.Wealth
Concentration and Growth in the US & AustraliaThe Bay Area follows closely with 342,400 millionaires and the highest concentration of
Los Angeles ranks third with 220,600 millionaires, including 516 centi-millionaires and 45 billionaires.Emerging wealth hubs are reshaping
Scottsdale, Arizona leads as the fastest-growing wealth center with a remarkable 125% increase in millionaires between 2014 and 2024.West
Palm Beach follows with 112% growth
The total household wealth in Australia has grown from $11,220 billion in June 2020 to $16,208 billion by March 2024
Forecasts suggest Australia will have approximately 18,000 multi-millionaires by 2026.The ongoing US-China trade tensions continue to
influence wealth strategies
Early May saw both nations agree to a 90-day pause in escalating tariffs and significant reductions in import duties.This temporary
ceasefire comes after years of tit-for-tat measures that have forced wealthy individuals to reassess their investment approaches
applications submitted through Henley & Partners in 2025 have come from US citizens
This represents nearly double the combined total from the next five investor nationalities.The US continues to attract wealthy migrants,
with approximately 3,800 high-net-worth individuals relocating there in 2024
This includes 95 centi-millionaires and 10 billionaires.The combination of political stability, rule of law, economic prospects, and culture
of innovation continues to make America an attractive environment for business and investment.
