Difference between revisions of "Millionaire"
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{{concept | {{concept | ||
|wikipedia=https://en.wikipedia.org/wiki/Millionaire | |wikipedia=https://en.wikipedia.org/wiki/Millionaire | ||
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|constitutes= | |constitutes= | ||
|interests= | |interests= | ||
+ | |description=While quite a few in the managerial upper class are millionaires, they are definitely not the financial deciders in the world. | ||
}} | }} | ||
− | '''Millionaire''', as opposed to [[billionaire]]. | + | '''Millionaire''', as opposed to [[billionaire]]. As of December 2020, there were estimated to be 46.8 million millionaires or high-net-worth individual (HNWIs) in the world. The United States had the highest number of HNWIs (11 Million) of any country, in a total of 3.5 million millionaire households. |
+ | |||
+ | ==Historical worth== | ||
+ | Depending on how it is calculated, a million US dollars in 1900 is equivalent to: | ||
+ | |||
+ | * $21.2 million using the [[GDP deflator]], | ||
+ | * $24.8 million using the [[consumer price index]], | ||
+ | * $61.4 million using the gold price<ref>http://www.measuringworth.com/gold/</ref> | ||
+ | * $114.1 million using the unskilled [[wage]], | ||
+ | * $162.8 million using the nominal [[Gross domestic product|GDP]] per capita, | ||
+ | * $642 million using the relative share of [[Gross domestic product|GDP]], | ||
+ | |||
+ | Thus one would need to have almost thirty million dollars today<ref>https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1800-</ref> to have the [[purchasing power]] of a US millionaire in 1900, or more than 100 million dollars to have the same impact on the US economy. | ||
+ | |||
+ | == Global cities with the most super-wealthy millionaires per capita (higher than $30 million) == | ||
+ | |||
+ | According to wealth research group Wealth-X that released its latest UHNW Cities report, showing the residential footprint of the world's top ultra-high net worth (UHNW) individual cities. | ||
+ | |||
+ | Excluding [[Monaco City|Monaco]] – which has very high UHNWI density – [[Geneva]] has the highest density of super-wealthy people per capita in the world. The city is known as the most compact [[metropolitan area]], and also enjoys a concentration of affluence. [[Singapore]] has the second-highest concentration, followed by [[San Jose, California|San Jose]], the center of [[Silicon Valley]], and the largest city in Northern California. | ||
+ | While [[New York City]] leads in terms of overall UHNW footprint, [[London]] has a similar number of UHNW "second homers" despite a considerably smaller population. [[Paris]] features as the second-highest European city, after London, Wealth-X said. | ||
+ | Among suburbs and smaller towns, [[Beverly Hills, California|Beverly Hills]] has the highest overall number of UHNW residents, and [[Aspen, Colorado|Aspen]] has the highest concentration on a per capita basis, the report showed. | ||
+ | Ultra-high net worth individuals are defined by Wealth-X as those whose total net worth is higher than $30 million (R400 million).<ref>https://businesstech.co.za/news/wealth/214251/global-cities-with-the-most-millionaires-per-capita/</ref> Fig below illustrates Cities with The highest millionaire density worldwide (higher than $1 million). | ||
+ | |||
+ | ==Number of millionaires per country by Credit Suisse== | ||
+ | [[Credit Suisse]]'s "Global Wealth in 2019" measured the number of adult millionaires in the world. According to the report, the US has 18.6 million millionaires, highest in the world.<ref>https://web.archive.org/web/20191023104250/https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/global-wealth-databook-2019.pdf</ref> | ||
+ | {| class="wikitable sortable" | ||
+ | |+ | ||
+ | |- | ||
+ | |'''Rank''' | ||
+ | |'''Country''' | ||
+ | |'''Number of<br>Millionaires''' | ||
+ | |'''% of world total''' | ||
+ | |- | ||
+ | |1 | ||
+ | |[[United States]] | ||
+ | |18,614,000 | ||
+ | |40% | ||
+ | |- | ||
+ | |2 | ||
+ | |[[China]] | ||
+ | |4,447,000 | ||
+ | |10% | ||
+ | |- | ||
+ | |3 | ||
+ | |[[Japan]] | ||
+ | |3,025,000 | ||
+ | |6% | ||
+ | |- | ||
+ | |4 | ||
+ | |[[United Kingdom]] | ||
+ | |2,460,000 | ||
+ | |5% | ||
+ | |- | ||
+ | |5 | ||
+ | |[[Germany]] | ||
+ | |2,187,000 | ||
+ | |5% | ||
+ | |- | ||
+ | |6 | ||
+ | |[[France]] | ||
+ | |2,071,000 | ||
+ | |4% | ||
+ | |- | ||
+ | |7 | ||
+ | |[[Italy]] | ||
+ | |1,496,000 | ||
+ | |3% | ||
+ | |- | ||
+ | |8 | ||
+ | |[[Canada]] | ||
+ | |1,322,000 | ||
+ | |3% | ||
+ | |- | ||
+ | |9 | ||
+ | |[[Australia]] | ||
+ | |1,180,000 | ||
+ | |3% | ||
+ | |- | ||
+ | |10 | ||
+ | |[[Spain]] | ||
+ | |979,000 | ||
+ | |2% | ||
+ | |- | ||
+ | |11 | ||
+ | |[[Netherlands]] | ||
+ | |832,000 | ||
+ | |2% | ||
+ | |- | ||
+ | |12 | ||
+ | |[[Switzerland]] | ||
+ | |810,000 | ||
+ | |2% | ||
+ | |- | ||
+ | |13 | ||
+ | |[[India]] | ||
+ | |759,000 | ||
+ | |2% | ||
+ | |- | ||
+ | |14 | ||
+ | |[[South Korea]] | ||
+ | |741,000 | ||
+ | |2% | ||
+ | |- | ||
+ | |15 | ||
+ | |[[Taiwan]] | ||
+ | |528,000 | ||
+ | |1% | ||
+ | |} | ||
+ | |||
+ | |||
{{SMWDocs}} | {{SMWDocs}} | ||
==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
− |
Latest revision as of 06:00, 17 February 2021
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While quite a few in the managerial upper class are millionaires, they are definitely not the financial deciders in the world. |
Millionaire, as opposed to billionaire. As of December 2020, there were estimated to be 46.8 million millionaires or high-net-worth individual (HNWIs) in the world. The United States had the highest number of HNWIs (11 Million) of any country, in a total of 3.5 million millionaire households.
Contents
Historical worth
Depending on how it is calculated, a million US dollars in 1900 is equivalent to:
- $21.2 million using the GDP deflator,
- $24.8 million using the consumer price index,
- $61.4 million using the gold price[1]
- $114.1 million using the unskilled wage,
- $162.8 million using the nominal GDP per capita,
- $642 million using the relative share of GDP,
Thus one would need to have almost thirty million dollars today[2] to have the purchasing power of a US millionaire in 1900, or more than 100 million dollars to have the same impact on the US economy.
Global cities with the most super-wealthy millionaires per capita (higher than $30 million)
According to wealth research group Wealth-X that released its latest UHNW Cities report, showing the residential footprint of the world's top ultra-high net worth (UHNW) individual cities.
Excluding Monaco – which has very high UHNWI density – Geneva has the highest density of super-wealthy people per capita in the world. The city is known as the most compact metropolitan area, and also enjoys a concentration of affluence. Singapore has the second-highest concentration, followed by San Jose, the center of Silicon Valley, and the largest city in Northern California. While New York City leads in terms of overall UHNW footprint, London has a similar number of UHNW "second homers" despite a considerably smaller population. Paris features as the second-highest European city, after London, Wealth-X said. Among suburbs and smaller towns, Beverly Hills has the highest overall number of UHNW residents, and Aspen has the highest concentration on a per capita basis, the report showed. Ultra-high net worth individuals are defined by Wealth-X as those whose total net worth is higher than $30 million (R400 million).[3] Fig below illustrates Cities with The highest millionaire density worldwide (higher than $1 million).
Number of millionaires per country by Credit Suisse
Credit Suisse's "Global Wealth in 2019" measured the number of adult millionaires in the world. According to the report, the US has 18.6 million millionaires, highest in the world.[4]
Rank | Country | Number of Millionaires |
% of world total |
1 | United States | 18,614,000 | 40% |
2 | China | 4,447,000 | 10% |
3 | Japan | 3,025,000 | 6% |
4 | United Kingdom | 2,460,000 | 5% |
5 | Germany | 2,187,000 | 5% |
6 | France | 2,071,000 | 4% |
7 | Italy | 1,496,000 | 3% |
8 | Canada | 1,322,000 | 3% |
9 | Australia | 1,180,000 | 3% |
10 | Spain | 979,000 | 2% |
11 | Netherlands | 832,000 | 2% |
12 | Switzerland | 810,000 | 2% |
13 | India | 759,000 | 2% |
14 | South Korea | 741,000 | 2% |
15 | Taiwan | 528,000 | 1% |
Examples
Page name | Description |
---|---|
Sam Altman | Young visitor to the 2016 Bilderberg, Elon Musk liaison, CEO of OpenAI and former CEO of Reddit. |
John Jacob Astor | The first multi-millionaire in the US |
Waldorf Astor | Multi-millionaire UK deep politician, Chair of Chatham House ... |
Peter Bakker | Dutch millionaire and businessman |
Margaret Thomson Biddle | American millionaire heiress and businesswoman. After World War 2 she started a salon in Paris frequented by many deep politicians. |
Christoph Blocher | Millionaire Swiss politician, businessman who attended the 2009 Bilderberg |
David Harold Byrd | Texas oilman with connection to LBJ, who made millions of dollars from the JFK assassination. |
Chelsea Clinton | US business woman born into the US deep state, as the only child of Bill and Hillary Clinton |
Tony Comper | Single Bilderberg, Bank of Montreal head |
John Deuss | "One of the most successful international wheeler-dealers of recent decades" who lived "a charmed life on the edge" with help from the UK and US deep states |
Joaquin Duato | The new CEO of Johnson & Johnson |
Pavel Durov | |
José Entrecanales | Billionaire Spanish businessman |
Mary Erdoes | Money manager for JPMorgan Chase. Georgetown, CFR, Bilderberg. |
Bill Gammell | Multi-millionaire Bush family connection and connection to Tony Blair. |
Richard Gnodde | Multi millionaire South African money man. Attended his first Bilderberg in 2019 |
Alex Gorsky | The CEO of Johnson & Johnson (2012 to 2021) |
David Hart | Spooky advisor to Thatcher. Father of an Institute for Statecraft director and possibly also another member of the group. |
Roger Hertog | US-Israeli millionaire, "the one man who has, far more than anyone else, financially enabled the neoconservative movement to exist" |
Amo Houghton | US multi-millionaire politician. Attended the 1972 Bilderberg as CEO of family company Corning, on the verge of becoming world's leading manufacturer of optical fiber. |
Tim Hwang | US internet businessman who attended the 2018 Bilderberg aged 26, maybe the 4th youngest of all time. |
Peter Kalikow | Deep state connected businessman |
James Kimsey | Internet service provider AOL founder with deep military ties, Bilderberg |
Steve Kirsch | American serial entrepreneur and from 2020, a COVID-19/Dissident. |
Ömer Koç | Multi-millionaire Turkish businessman, Koç Holding/Chair |
Christopher Liddell | New Zealander former Microsoft CFO who attended the 2017 Bilderberg as White House Director of Strategic Initiatives. Appointed to the White House Coronavirus Task Force in 2020 |
Divesh Makan | "The spider of Silicon Valley" big money manager and "consigliere" to billionaire, especially Mark Zuckerberg. |
William McLean | Little known Canadian double Bilderberger |
John A. Mills | |
Nikolai Mushegian | Cryptocurrency developer found dead after tweeting "CIA and Mossad and pedo elite are running some kind of sex trafficking entrapment blackmail ring out of Puerto Rico and caribbean islands. They are going to frame me with a laptop planted by my ex gf who was a spy. They will torture me to death." |
Dietmar Müller-Elmau | German with a heavy Brussels Forum habit, also appears at the Munich Security Conference, ran the hotel that hosted the 2015 G7 summit |
Simon Robertson | Goldman Sachs |
Edmond Adolphe de Rothschild | Rothschild family Bilderberg Steering committee member |
Sheryl Sandberg | The Chief Operating Officer (COO) of Facebook |
Ernest-Antoine Seillière | Millionaire French businessman, Bilderberg/Steering committee, Le Siècle |
Jonas Gahr Støre | Prime Minister of Norway since 2021. Formerly chief of staff to Gro Harlem Brundtland at the World Health Organization. |
J. Martin Taylor | UK Millionaire banker and businessman. Former Bilderberg steering committee |
Alexander Thynn | |
Patrick Vallance | UK revolving door "expert" who moves between government advisory leadership roles an Big Pharma. |
Susan Wojcicki | Businesswoman and Youtube CEO 2014 to 2023 |
Lana Zahawi | Multimillionaire wife of Nadhim Zahawi |
Nadhim Zahawi | Cercle chair, UK minister of COVID-19 vaccine deployment, explicitly denied that the UK government was planning on introducing vaccine passports although leaked documents contradict this, penalised by HMRC - whilst Chancellor of the Exchequer - for not paying his taxes. |
References
- ↑ http://www.measuringworth.com/gold/
- ↑ https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1800-
- ↑ https://businesstech.co.za/news/wealth/214251/global-cities-with-the-most-millionaires-per-capita/
- ↑ https://web.archive.org/web/20191023104250/https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/global-wealth-databook-2019.pdf