Turkey Ranks 25th in Global Dollar Millionaire Population According to Knight Frank
Turkey ranks 25th in the world for dollar millionaires, with 6,138 individuals having over 10 million dollars. The U.S. leads globally with 905,413 dollar millionaires, followed by China. The total of individuals with over 10 million dollars worldwide rose to 2.3 million, expected to surpass 2.5 million by 2028, while those exceeding 100 million dollars exceeded 100,000.
According to the latest “Wealth Report 2025” by London-based real estate company Knight Frank, Turkey has been ranked 25th globally regarding the number of dollar millionaires. This ranking places Turkey just below Sweden, which holds the 24th position, while the Philippines and New Zealand are positioned at 26th and 27th, respectively. In total, there are 6,138 individuals in Turkey whose wealth exceeds 10 million dollars.
The report further highlights that the United States boasts the highest number of dollar millionaires globally, totaling 905,413. Following the U.S. is China, which has 471,634 individuals in the same category. The total count of individuals worldwide possessing a wealth exceeding 10 million dollars has surged by 41,000 over the past year, reaching 2.3 million, with projections indicating an increase to over 2.5 million by 2028.
Additionally, it was noted that the number of ultra-wealthy individuals, specifically those with assets exceeding 100 million dollars, has surpassed the significant milestone of 100,000 globally. This escalation in the wealth of high-net-worth individuals underscores ongoing economic trends and dynamics influencing wealth distribution.
In summary, Turkey’s ranking as the 25th country globally in the number of dollar millionaires reflects a substantial presence of wealth within its borders, with over 6,000 individuals possessing considerable fortunes. As wealth continues to grow globally, particularly in the ultra-wealthy segment, Turkey remains competitive amidst other nations. The trends indicate a broader increase in high-net-worth individuals worldwide, showcasing shifting economic landscapes.
Original Source: www.duvarenglish.com
