Executive Education

World’s Top 10 Countries With The Highest Number Of High Net Worth Individuals In 2018

The United States has the highest number of high net worth individuals in the world, according to a new report from wealth research firm Wealth-X. The U.S. is home to the highest proportion of high-net-worth residents – 8.7 million in 2018. Meaning the U.S. accounted for nearly 40% of the world’s HNW population (22.4 million).

China was the next-closest country, where more than 1.8 million high net worth individuals reside.

The population of high net worth individuals – defined as those with a net worth of $1 million to $30 million — those worth more than $30 million are classified as ultra-high-net-worth (UHNW) and are not represented in this data set.

Here are the top ten countries with the highest number of high-net-worth (HNW) individuals in the world, which accounted for 75.2 percent of the global HNW population.

World’s Top 10 Countries With The Highest Number Of High Net Worth Individuals In 2018

10. Italy
2018 number of high-net-worth (HNW) individuals: 418,090
Change in population from 2017: 6.2 percent

9. Australia
2018 number of high-net-worth (HNW) individuals: 473,600
Change in population from 2017: -2.3 percent

8. South Korea
2018 number of high-net-worth (HNW) individuals: 476,705
Change in population from 2017: -1.2 percent

7. Canada
2018 number of high-net-worth (HNW) individuals: 505,010
Change in population from 2017: -1.1 percent

6. France
2018 number of high-net-worth (HNW) individuals: 877,380
Change in population from 2017: 4.7 percent

5. United Kingdom
2018 number of high-net-worth (HNW) individuals: 893,905
Change in population from 2017: 1.5 percent

4. Germany
2018 number of high-net-worth (HNW) individuals: 1.02 million
Change in population from 2017: 4.9 percent

3. Japan
2018 number of high-net-worth (HNW) individuals: 1.62 million
Change in population from 2017: 1.3 percent

2. China
2018 number of high-net-worth (HNW) individuals: 1.88 million
Change in population from 2017: 3.9 percent

1. United States
2018 number of high-net-worth (HNW) individuals: 8.68 million
Change in population from 2017: 2.3 percent

The Top 10 Countries With The Highest Number Of High Net Worth Individuals In The World In 2018

  1. United States: 8.68 million (2.3 percent)
  2. China: 1.88 million (3.9 percent)
  3. Japan: 1.62 million (1.3 percent)
  4. Germany: 1.02 million (4.9 percent)
  5. United Kingdom: 893,905 (1.5 percent)
  6. France: 877,380 (4.7 percent)
  7. Canada: 505,010 (-1.1 percent)
  8. South Korea: 476,705 (-1.2 percent)
  9. Australia: 473,600 (-2.3 percent)
  10. Italy: 418,090 (6.2 percent)

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. Prof. Dr. Amarendra Bhushan Dhiraj is a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

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