Number of Millionaires Grows in Brazil and Reaches almost 200 Thousand
World Wealth global report shows 7% growth in this population in 2019
Jul.10.2020 1:19PM
Paula Soprana
SÃO PAULO
The number of millionaires in Brazil grew 7% and reached 199 thousand in 2019. The information is from the World Wealth Report of 2020, published on Thursday (10) by the research institute Capgemini.
In gross numbers, Brazil is the 18th country with the largest number of millionaires, partly because of its size, as it sits behind rich countries like Sweden and Austria.
The United States, Japan, Germany, and China, the top four in the ranking, concentrate 61.6% of the so-called HWNI population (an acronym for individuals with high net worth, a person with investments above US$ 1 million). The United States has almost 6 million millionaires.
From 2018 to 2019, the total of millionaires rose 8.8%, with an increase in all regions of the world. There are 19.6 million people, against 18 million in 2018. Wealth grew by 8.6% and represents US$ 74 trillion.
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