USA was adding 562,000 millionaires as the country’s HNWI population grew by 7.6% to 7.9 million.
36% of the world’s centi-millionaires (those with over $100 million) and 33% of the world’s billionaires reside in the United States.
India and Japan were standouts in the Asia-Pacific region, with both countries registering 5.6% growth,
India's billionaires are emerging faster than millionaires.
India has roughly 250 billionaires, just half that of China (which has roughly 520 billionaires.
India had 4,290 ultra-HNWIs (over $30 million in assets), compared to 22,780 in China and 13,620 in Japan.
India’s high-net-worth individual (HNWI) population grew 5.6% in 2024, with their collective wealth rising 8.8% - outpacing both China and global peers.