[HIGHLIGHTS] The United States surpasses China as the country in the world with the most millionaires and billionaires

The United States surpasses China as the country in the world with the most millionaires and billionaires. In the last five years, the population of millionaires in the US has grown 35%, almost double that of the Asian nation.

The United States is now home to 37% of the world's millionaires, up from 35% in 2018. There are currently more than 5.5 million Americans with liquid investable assets of more than $1 million, 62% more than in the last decade.