US dollar millionaires to “explode” in Vietnam in ten years
US dollar millionaires to “explode” in Vietnam in ten years
With a 166% growth forecast, in 2023 Vietnam will have 293 US dollar millionaires compared to the "modest" figure of 110 in 2013.
According to the latest Prosperity Report 2014 by Knight Frank, if in 2013 the world had an additional 5,000 people (equivalent to an increase of 3%) joining the "club" of wealthy people, raising the number of millionaires to 167,000, the number rose by 59% this year.
Millionaires are identified as owners of property worth more than $30 million.
Meanwhile, the number of super-rich people (with assets of more than $100 million) increased by 62% and the number of billionaires rose by 80%.
More specifically, North American millionaires increased by 1,500 (equivalent to 3.5%) compared with 2013 In Europe, the figure was 2,000, an increase of 3.3%. Asia has an additional 1,000 millionaires, bringing the total number of millionaires in the region up to 41,114 people.
Notably, Vietnam has emerged as a bright spot in the report. Accordingly, in the next 10 years, the growth of millionaires in Vietnam (people owning property of over $30 million) will reach 166%, even higher than some other Asian countries such as India and Indonesia. With such a growth, in 2023 Vietnam will have 293 millionaires compared to 110 in 2013.
In addition, the number of super-rich people (with total assets of more than $100 million) of Vietnam in the next 10 years is also projected to achieve the highest growth rate in the world, with 56 people in 2023 compared to 21 in 2013, an increase of 167%.
vietnamnet
