U.S. millionaires leap 62% in the last decade

Millionaires on the Rise: A U.S. Success Story

Over the past decade, the United States has seen an astounding 62% jump in its millionaire population—outpacing the global average by a long shot. Stocklytics.com reports that this surge reflects the nation’s knack for turning ideas into assets, and for rubbing shoulders with entrepreneurs who are practically the next generation of tech whiz kids.

What the Numbers Say

U.S. millionaires now top 5.5 million, a 62% rise from ten years ago.
Globally, the average growth stands at a humble 38%.
Americans account for 37% of all global millionaires—up from 35% in 2018.
In 2023, roughly 2,000 millionaires relocated to the U.S., a sharp contrast to China’s 13,000‑plus exit.
New Yorkers lead the pack with a staggering 349,500 millionaires—the city that’s literally brimming with wealth.

Why the U.S. is the Hotspot

Edith Reads, a savvy analyst at Stocklytics, sums it up: “The U.S. is a match‑made playground for private wealth creation. Rapid tech growth, vibrant startup ecosystems—everything you need to dream big and end up rich.” The country’s $67 trillion in liquid investable wealth places it at the top of the global leaderboard, but per‑capita wealth (about $201,485) wears its sixth‑place skin, trailing places like Monaco and Luxembourg.

The Cool Caveats

Millionaires in the U.S. are split into two segments: 9,850 centi‑millionaires versus China’s 2,352.
When it comes to billionaires, Americans outnumber Chinese figures by a wide margin: 788 versus 305.
In 2023, the U.S. attracted more than 2,000 millionaires, while Australia (5,200), UAE (4,500), and Singapore (3,200) remained the top three destinations.

Why Millions Still Pickup Double‑Chickens

Between post‑COVID‑19 economic shakes and Brexit currents, other regions have been on the decline—China sloughed off over 13,000 millionaires, and the U.K. lost a comparable number since 2016. In the face of such turbulence, America’s welcoming groove lets fortunes glide in like smooth jazz.

Bottom Line

From the booming innovation hubs in Silicon Valley to the financial giants of New York, the U.S. keeps proving that weird would-be ventures can turn into serious assets. Today’s 62% rise in millionaires isn’t just a statistic—it’s a testament to creativity, resilience, and a bit of generous infrastructural optimism that keeps overachievers moving in.