Kuwait

15% Of Kuwaitis Are Millionaires: Report

Kuwait has one of the highest proportion of millionaires in the world, according to a report online. According to data presented by the World of Statistics, 15 per cent of the nation’s citizens are millionaires. This puts the country in third place behind Switzerland (15.5%) and Hong Kong (15.3%).

Defining a millionaire as somebody with assets of more than $1m the World of Statistics data was shared with more than 2.7m followers of the @stats_feed Twitter account. Qatar was second in the region, with the data showing three per cent of citizens being classed as a millionaire.

Other notable countries on the list with the highest ratio of millionaires are Singapore (12.7%) and Denmark (8.5%).

A portion of countries that are millionaires:

  • Switzerland – 15.5%
  • Hong Kong – 15.3%
  • Kuwait – 15%
  • Singapore – 12.7%
  • Australia – 11.2%
  • USA – 9.7%
  • New Zealand – 9.6%
  • Netherlands – 8.5%
  • Denmark – 8.5%
  • Canada – 7.6%

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Source
Arabian Business

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