UBS Report: The number of millionaires is increasing rapidly all over the world. The number of rich people has increased in developed countries as well as in developing countries. India is also moving forward rapidly in this matter. Now the new report of UBS has claimed that the number of millionaires will continue to increase in 52 countries by the year 2028., However, in the United Kingdom and the Netherlands this trend is completely opposite. The number of millionaires seems to be decreasing here.
Number of rich people will increase in 52 countries
According to financial firm UBS, the number of wealthy people is seen increasing in 52 out of 56 countries included in the survey. Taiwan has been at the forefront of this list. According to the list, the number of millionaires there may increase by about 47 percent in 5 years. Apart from this, the number of rich people in Turkey may increase by about 43 percent and in Kazakhstan by 37 percent. UBS has included in this list those people whose wealth will be at least 1 million dollars.
America has the highest number of millionaires, China is at second place.
According to the report, most millionaires are currently in America. There are about 2.2 crore people who are millionaires. In the next 5 years this figure may increase at the rate of about 16 percent. China is present at second number. However, the number of millionaires there is much less than in America. At present about 60 lakh people are millionaires in China. The number of rich people in China may increase at the rate of 8 percent by the year 2028.
Millionaires will reduce in UK and Netherlands
UBS said that The number of millionaires is going to reduce in the United Kingdom and the Netherlands. The firm estimates that the number of rich in the Netherlands will reduce from 12 lakh to about 11 lakh. On the other hand, in the United Kingdom, which is third in the list of the richest, there may be a huge decline of 17 percent in the number of millionaires. Currently there are more than 30 lakh millionaires, which will reduce to about 25 lakh by 2028., UK may lag behind Japan, France and Germany in this list.
Millionaires are increasing in Russia despite the war
UBS Chief Economist Paul Donovan told CNBC that despite the war with Ukraine, Russia’s number of millionaires It may increase by about 21 percent. He said that the United Kingdom currently has more millionaires than the state of its economy.
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