How Many People In The World Have A Net Worth Of 1 Million? You Might Be Surprised

Let’s dive into the world of wealth and see how many people have a net worth of $1 million!

In 2022, 69.4 million adults worldwide had a net worth of more than $1 million. That’s a significant number, but it’s important to put it in perspective.

Think about it this way: While 69.4 million people having $1 million might sound like a lot, it’s a small percentage of the global population. There are approximately 8 billion people on the planet. This means only about 0.87% of the world’s adult population has a net worth of $1 million or more.

However, it’s worth noting that this figure is just a snapshot in time and doesn’t account for the dynamic nature of wealth. People’s net worth can fluctuate based on various factors, like investments, property values, and business ventures. So while 69.4 million people reached this financial milestone in 2022, that number could change in the years to come.

Keep in mind that this data only considers those with a net worth exceeding $1 million. It doesn’t include the individuals with even larger fortunes. And when we talk about wealth, it’s not just about the number of people but also the concentration of wealth. A small percentage of the world’s population holds a disproportionate share of the world’s wealth.