Number of top 1 percent wealth holders globally by country 2022 | Statista (2024)

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Number of top 1 percent wealth holders globally by country 2022 | Statista? ›

Over 21 million individuals residing in the United States belonged to the global top one percent of ultra high net worth individuals worldwide in 2022. China ranked second, with over five million top one percent wealth holders globally. France followed in third.

More than one-quarter of all household wealth, 26.5%, belongs to Americans who earn enough money to rank in the top percentile by income, according to Federal Reserve statistics through mid-2023. The top 1% holds $38.7 trillion in wealth.

At the bottom, the 10th percentile of the wealth distribution is $1 (in 2022 dollars), meaning that one in 10 households had virtually no wealth. In the middle, median household wealth is $162,350. The top 10 percent of households had $1,559,240 or more in wealth, and the top 1 percent had at least $11,640,000.

How many people are in the top 1%? Depending on your preference, there are roughly 1,313,064 households in the top one percent or 1,784,529 workers.

There are only 28,420 centi-millionaires in the world (as at June 2023), making this a very elite club. The Centi-Millionaire Report includes exclusive statistics on centi-millionaires provided by global wealth intelligence firm New World Wealth. Read expert insights here and the methodology here.

The 95th percentile, with a net worth of $3.2 million, is considered wealthy, facilitating estate planning and possibly owning multiple homes. The top 1%, or the 99th percentile, has a net worth of $16.7 million and represents the very wealthy, who enjoy considerable financial freedom and luxury​​.

The percentage of American households with a total annual income of over one million dollars is actually extremely low. You think everyone is rolling in dough? Think again. We're talking about around 1.8% of households pulling in those seven figures, based on the latest data available.

According to the data agency, incomes of the top 1 per cent of all tax filers in Canada rose by 9.4 per cent to $579,100 in 2021. That figure includes all forms of taxable income, from salary and bonuses to things like capital gains, dividends and other payments that were registered with tax authorities.

An individual would have to earn an average of $407,500 per year to join the top 1%. A household would need an income of $591,550. The median household income was $74,580 in 2023 and $45,440 for individuals.

What is considered rich in the USA? ›

Based on that figure, an annual income of $500,000 or more would make you rich. The Economic Policy Institute uses a different baseline to determine who constitutes the top 1% and the top 5%. For 2021, you're in the top 1% if you earn $819,324 or more each year. The top 5% of income earners make $335,891 per year.

In the United States, the concept of being rich is often a subject of discussion, curiosity and, sometimes, aspiration. Charles Schwab's 2023 Modern Wealth Survey provides insights into this topic, revealing that the average American equates being wealthy with a net worth of approximately $2.2 million.

5.3 million millionaires with a net worth of at least $1 million. 9,630 centi-millionaires with a net worth of at least $100 million. 770 billionaires with a net worth of at least $1 billion.

The 95th percentile is considered wealthy, with $3.2 million household net worth, so even more spending power, which means estate planning and possibly more than one home. And the 99th percentile is very wealthy, with $16.7 million in net household worth, Schmidt says.

Henley Partners reports that, among the $65 trillion in total U.S. private wealth, there are 5.3 million people worth $1+ million, 9630 worth $100+ million, and 770 worth $1+ billion.

You now need a net worth of at least $5.8 million in order to be part of that small but elite group, according to the upcoming 2024 wealth report from Knight Frank. That is a notable 12% increase from the $5.1 million needed just one year ago.

How much wealth inequality is there in the U.S.? The top 10% of households by wealth had $6.7 million on average. As a group, they held 66.9% of total household wealth. The bottom 50% of households by wealth had $50,000 on average.