Description
Which countries have the most US dollar millionaires? Here are the 20 countries with the most people worth at least $1 million, from Brazil at #20 to the United States at #1, using the newest count from the UBS Global Wealth Report 2026 (wealth at the end of 2025).
The United States alone has about 23.6 million millionaires, more than the next nine countries on this list combined.
Not financial advice. This video is for information and entertainment only.
Chapters
0:00 #20 to #11
0:31 #10 to #1
1:04 All 20 together
Every country
0:00 #20 Brazil (386,000)
0:02 #19 Russia (447,000)
0:05 #18 Sweden (507,000)
0:08 #17 Belgium (556,000)
0:12 #16 Hong Kong (628,000)
0:15 #15 Taiwan (772,000)
0:18 #14 India (944,000)
0:21 #13 Switzerland (944,000)
0:25 #12 Spain (1,077,000)
0:28 #11 Italy (1,235,000)
0:31 #10 Netherlands (1,294,000)
0:35 #9 South Korea (1,317,000)
0:38 #8 Australia (1,634,000)
0:41 #7 Canada (2,098,000)
0:45 #6 France (2,388,000)
0:48 #5 United Kingdom (2,428,000)
0:51 #4 Germany (2,648,000)
0:54 #3 Japan (2,902,000)
0:58 #2 China (5,305,000)
1:01 #1 United States (23,627,000)
How the list was made
A millionaire here is a person whose net worth (financial assets plus property, minus debts) is at least 1 million US dollars, as counted by UBS. Counts are UBS estimates for the end of 2025, rounded to the nearest thousand as UBS publishes them.
Canada: the 2026 report does not publish Canada's count, so its card shows UBS's previous figure (Global Wealth Report 2025, end of 2024).
Switzerland and India both have about 944,000 millionaires. UBS lists Switzerland first, so it is #13 and India #14.
Hong Kong is counted separately from mainland China by UBS, so it has its own pillar.
UBS publishes 2026 counts for 34 of the 56 markets it tracks, so this ranking stops at 20, the longest list that can be fully confirmed.
Sources
UBS Global Wealth Report 2026 (published 30 June 2026): ubs.com/gwr
UBS press release: ubs.com/global/en/media/display-page-ndp/en-20260630-gwr-2026.html
UBS Global Wealth Report 2025 (Canada's count, end of 2024)
Facts on each card (new millionaires in 2025, billionaire counts, average and median wealth per adult, people worth $5 million to $100 million) are from the same UBS reports.
Photos (Wikimedia Commons, used under their licenses)
Brazil: Donatas Dabravolskas, CC BY-SA 4.0
Russia: Ludvig14, CC BY-SA 4.0
Sweden: ArildV, CC BY-SA 4.0
Belgium: Diego Delso, CC BY-SA 4.0
Hong Kong: Diego Delso, CC BY-SA 3.0
Taiwan: CEphoto, Uwe Aranas, CC BY-SA 3.0
India: Dr Vikramjit Kakati, CC BY-SA 4.0
Switzerland: Terragio67, CC BY-SA 4.0
Spain: Diego Delso, CC BY-SA 4.0
Italy: Wolfgang Moroder, CC BY-SA 3.0
Netherlands: Basile Morin, CC BY-SA 4.0
South Korea: kallerna, CC BY-SA 4.0
Australia: DXR, CC BY-SA 4.0
Canada: Taxiarchos228, FAL
France: Tristan Nitot, CC BY-SA 3.0
United Kingdom: Mike Peel, CC BY-SA 4.0
Germany: Thomas Wolf (Der Wolf im Wald), CC BY-SA 3.0
Japan: David Kernan, CC BY 4.0
China: King of Hearts, CC BY-SA 4.0
United States: Dllu, CC BY-SA 4.0
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