Report on dollar millionaires: number of rich in Germany rises to 1.5 million

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Hamburg-Blankenese

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According to a study, the number of millionaires exceeded 20 million people worldwide for the first time in the corona crisis year 2020. According to data from the consulting firm Capgemini, the number of people with investable assets of at least one million dollars rose 6.3 percent to 20.8 million. The total assets of this group grew by 7.6 percent compared to the previous year to the record value of almost 80 trillion dollars (around 67 trillion euros). According to the information, wealthy private individuals mainly benefited from the boom in the stock markets.

In Germany, too, the rich got richer during the crisis.

The club of dollar millionaires grew by 69,100 people or 4.7 percent to more than 1.5 million members.

Total assets rose 6.8 percent to approximately $ 5.85 trillion.

Rising share prices and real estate prices in particular contributed to this.

Germany still in the top group

Despite the weaker growth in international comparison, Germany continues to be one of the countries with the most dollar millionaires.

The USA is at the top, followed by Japan, Germany and China.

Together, these countries account for almost 63 percent of the world's wealthy.

The strongest growth in the crisis year 2020 was the wealth of the super-rich with a good 9 percent.

They have investable assets of at least $ 30 million.

Recently published studies on the topic come to a similar result, even if the numbers are not identical due to differences in the methodology.

In the annual World Wealth Report, Capgemini takes into account stocks, fixed-income securities, alternative investments such as private equity capital, cash and real estate, provided they are not used by the company itself.

You can find more information on the survey methodology here.

beb / dpa