Just for fun visualization:
By looking at that, there are quite a lot of millionaires in Asia than North America. Tokyo, Hong Kong, Singapore beats Bay Area even in the number of Millionaries.
|City||Country||# of Millionaires|
|Hong Kong||Hong Kong||227,900|
They made the distinction at 30M. Looks like my 20M goal is too low…
Shenzhen’s millionaire number is shockingly low at 31K.
Tokyo population: 9.2M
Bay Area: 7
So SG has most millionaires per capita, followed by HK. Tokyo. Last is Bay Area. We should not be too full of ourselves here.
— Less than $30M —
— Less than $5M —
Global millionaires cause global warming… lol
Oh my… that dreaded list…
My net worth is bobbing up and down by the day… dizzy.
You’re aiming for $30 mil and not $5 mil means you’ve more than $5 mil
Hence previous estimate of $4 mil is incorrect.
There are 180k millionaires in Bay Area, have to wonder how many over $1 million dollar houses are there in Bay Area.
god… this thing is getting out of hands. every thread, there’s the list of net worths…
I blame @wuqijun for that.
SJ and SF has the highest millionaire density except Singapore, Monaco and Geneva. This seems right.
How about density of Ultra High Networth over 30M?
The charts are about UHNWIs
In Singapore, is easy to be a millionaire (> US$1 million) by staying in subsidized HDBs and own a private condo for rental. Nearly all condos are worth more than US$1 million. UHNWIs are those who own foreign stock equities
Why are we talking about UHNWIs? No one here seems to be one according to your chart…
It mentions millionaires. Does millionaire now mean $30M?
It is location dependent. You will have a much higher standard of living if you are a millionaire in a low cost area than a high cost area
Almost everyone in this forum is a millionaire and has achieved FIRE or almost there. So is timely to talk about the next phase
More than $1 mil = millionaire
More than $1 billion = billionaire
What should we called those between $1 mil - $30 mil (HNWI), $30 mil - $1 billion (UHNWI)?
Manch has been mentioning 20M. He is closer to contemporary millionaire definitions than most. But he is short by 10M