Turkey ranks 25th in the world in dollar millionaires, with 6,138 people holding over $10 million. The U.S. and China top the list globally. The overall number of high-net-worth individuals is projected to exceed 2.5 million by 2028.
Turkey has been ranked 25th globally in the number of dollar millionaires, as reported by Knight Frank, a London-based real estate company, in its “The Wealth Report 2025.” In Turkey, there are 6,138 individuals possessed of over $10 million in wealth.
The ranking positions Sweden at 24th, with the Philippines and New Zealand adjacent to Turkey at 26th and 27th, respectively. The United States leads with the highest number of dollar millionaires at 905,413, while China follows with 471,634 affluent individuals.
Globally, the population of dollar millionaires, defined as those with over $10 million in wealth, has increased by 41,000 over the past year, reaching a total of 2.3 million individuals. Projections indicate this number will surpass 2.5 million by the year 2028. Additionally, there are now over 100,000 individuals holding wealth in excess of $100 million.
In summary, Turkey’s positioning as the 25th nation for dollar millionaires highlights its growing wealth segment. The nation’s 6,138 wealthy individuals contribute to a global trend where the total number of high-net-worth people is on the rise. The expansion of this demographic is set to continue, reflecting broader economic trends.
Original Source: www.duvarenglish.com