Any one with more than $1 million of assets (not counting equity in a primary residence) belongs to an extremely elite group of individuals.
According to the Economist, there are 12 million “high-net-worth individuals” on planet Earth, an increase of one million since 2011. The combined wealth of this small group of people weighs in at a staggering $46.2 trillion.
These super rich 12 million people comprise a mere 0.17% of the seven billion people on earth, putting them in one of the most exclusive categories of humanity possible.
The United States weighs in with the most millionaires at 3.4 million followed by Japan with around 1.8 millionaires.
Having a million dollars doesn’t mean that you can just sit back and enjoy life – a million bucks just doesn’t go that far. But the fact that only a very small fraction of Earth’s human population are millionaires shows how difficult it is to reach that magic number.
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