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Visual Capitalist: World’s Ultra-Wealthy Population, in One Chart
Reaching the status of “millionaire” used to be a big deal.
But with rising inflation, a higher cost of living in cities, and changing perceptions around wealth, the six zero milestone doesn’t mean as much anymore.
Heck, there are over 16 million millionaires globally, and 4.3 million in the United States alone. Therefore, to really get a sense of the makeup of the world’s ultra-wealthy population, we need a more exclusive and finely-tuned indicator.
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WNU Editor: The world only has 129,730 people with fortunes of US$50 million or more. I thought the number was higher.