As the world’s economy and technology advanced, the number of millionaires climbed steadily during the last decade. The current number of millionaires in the world is over 10,000,000, with North America having over 3,100,000 millionaires, making it the top region with the most millionaires. There are several wealthy countries in North America and Europe, each having a large number of millionaires. Africa has only 100,000 millionaires, accounting for 0.01 percent of the world’s total population.
The List of Most Millionaires by Continent with Percentage of Millionaires in Total Global Population follows below.
Rank |
Name of the Region |
Number of Millionaires |
% of Millionaires in Total Global Population |
Global | 10,000,000 | 0.15% | |
1 | North America | 3,100,000 | 0.62% |
2 | Europe | 2,900,000 | 0.41% |
3 | Asia-Pacific | 3,000,000 | 0.06% |
4 | Latin America | 400,000 | 0.07% |
5 | Middle East | 400,000 | 0.10% |
6 | Africa | 100,000 | 0.01% |