The United States remains the world’s undisputed leader in wealth management creation and accumulation, according to the 2024 USA Wealth Report from global advisory firm Henley & Partners.
According to the study, the U.S. accounts for 32% of the world’s investable liquid wealth, some $67 trillion.
From that amount, the U.S. is now home to 37% of the world’s millionaires: some 5.5 million high net worth individuals (HNWI) who own more than $1 million in investable liquid assets, the report adds.
This figure has grown by an impressive 62% over the past decade, well ahead of the global growth rate of 38%.
Although U.S. GDP is similar to China’s, the American powerhouse is far ahead in terms of liquid wealth, which the study simplified into listed company holdings, cash and debt-free residential properties.
Likewise, wealth per capita and the number of superrich is substantially higher in the United States. The United States has 9,850 centimillionaires, compared to 2,352 in China, and 788 billionaires, compared to 305 in China. Although China is home to just over 862,000 millionaires, its per capita wealth is only USD 18,800, compared to USD 201,500 in the United States, which ranks sixth in the world after Monaco, Luxembourg, Switzerland, Australia and Singapore.
To read the full report you can access the following link.
