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Best Places in the World to Make a Million

by Katie Sorene

Millionaires boat

Do you think big in business? Know how you’ll spend your first million? Check out these top 10 places in the world to make a million and join the ranks of the wealthy people!

We’d all like to be millionaires, sure. Some of us, however, might just do it. A great idea, heaps of determination and a lot of luck are the sorts of things you’ll need to make it happen. But what about your surroundings? It certainly helps to be in a ripe environment for millionaires if you want to be one! Check out this list of the Top 10 Places in the World to Make a Million and turn your dreams into reality!

According to a *recent study, the US is the world leader in millionaires, boasting a staggering 4.7 millionaire households and leaving Japan tailing behind in second place with a figure of 1.2 million.

But if you’re out to make your fortune, you’ll want to know how the rich people fare as a proportion of  the population. A quick look at these figures should send you quick-smart to Singapore which has the highest concentration of millionaires in the world – a staggering 11.4% of the entire population!

Want more info? Here’s the breakdown:

1) Singapore
Population: 4.7 million
Percentage of Millionaire Households: 11.4%
Millionaire Industry: banking

2) Hong Kong
Population: 7.1 million
Percentage of Millionaire Households: 8.8%
Millionaire Industry: real estate

3) Switzerland
Population: 7.6 million
Percentage of Millionaire Households: 8.4%
Millionaire Industry: bio-technology

4) Kuwait
Population: 2.8 million
Percentage of Millionaire Households: 8.2%
Millionaire Industry: oil

5) Qatar
Population: 841,000
Percentage of Millionaire Households: 7.4%
Millionaire Industry: natural gas

6) United Arab Emirates
Population: 4.9 million
Percentage of Millionaire Households: 6.2%
Millionaire Industry: oil

7) United States
Population: 310.2 million
Percentage of Millionaire Households: 4.1%
Millionaire Industry: investments

8 ) Belgium
Population: 10.4 million
Percentage of Millionaire Households: 3.5%
Millionaire Industry: exports

9) Israel
Population: 7.4 million
Percentage of Millionaire Households: 3.3%
Millionaire Industry: technology

10) Taiwan
Population: 23 million
Percentage of Millionaire Households: 3%
Millionaire Industry: electronics

Been to these countries? Are the streets paved with gold? Let us know, we want to hear from you!

If you liked this you might also like: Top 10 Cleanest Streets in the World

*Source: Percentage of millionaire households: The Boston Consulting Group’s Global Wealth 2010 Report.

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6 comments… read them below or Add a Comment

Hotels Clifton

Some interesting figures there. Thanks for the info!

nayana

great article, interesting info thanks !

Miki

I have spent 3 years in the United Arab Emirates, but couldn’t make a million. Now I’m working since last year in Switzerland, maybe this time…

Mochitalia

I think the country that has the most millionaires is the little nation of Luxembourg.From it’s rich past until now, they say that many millionaires (or even billionaires) came and lived their..and I think it’s true…

Btw, I’m not representing Luxembourg as my own country..I’m from the Philippines.

Blue Pie

Very interesting, Europe EU is not doing very well! Been to 9 out of 10 and lives now in United Arab Emirates which is a wonderful place to live, really seems like Dubai is paved with gold. Qatar, Kuwait and Singapore look beautiful from a visitor’s point of view and seem like great places to live. Hong Kong and Belgium look worn out and haggard, not nice at all.

Spencer

Interesting list. Personally I would like to make a million whilst lying on the beach in the Dominican Republic or Tahiti but I guess any of the above destinations would do equally as well!

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