Number Of Millionaires In The World: 38 Million

May 6, 2011 9:43 am

We spotted this stat today:

The number of millionaires is forecast to rise 72.5% to 65.5 million worldwide by 2020 from about 38 million this year. In the United States, home to nearly half the world’s millionaires, the increase is expected to be even sharper: a 96.2% jump to 20.6 million. The estimates of household wealth are based both on financial assets such as stocks and bonds, and nonfinancial assets like primary residences and business ownership.

How much wealth are we talking about? Trillions upon trillions of dollars. Worldwide, the value of assets held by millionaires is $92 trillion this year, and that figure is expected to more than double to $202 trillion in 2020. For U.S. millionaires, total wealth is also predicted to more than double, from $39 trillion today to $87 trillion by the end of the decade.”

See full article from DailyFinance:

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