The Global Migration of Millionaires

The wealth exodus from China continues. Australia and the United States see big gains.

The Global Migration of Millionaires
visualcapitalist.com

The United States welcomed 10,000 High net worth individuals (persons with wealth over $1 million) in 2018.

For the fourth year in row, Australia beat out the United States as the top destination for migrating High net worth individuals. (+12,000)

Though China is seeing a lot of wealth migration, the country is still creating more millionaires than it’s losing.

Top countries by High net worth individuals outflows

CountryNet Outflow of High net worth individuals (2018)% of High net worth individuals lost
 China150000.02
 Russia70000.06
 India50000.02
 Turkey40000.1
 France30000.01
 United Kingdom30000
 Brazil20000.01
 Saudi Arabia10000.02
 Indonesia10000.02

Top countries by High net worth individuals inflows

CountryNet Inflow of High net worth individuals (2018)% of High net worth individuals Gained
 Australia120000.03
 United States100000
 Canada40000.01
 Switzerland30000.01
 United Arab Emerates20000.02
 Caribbean20000.03
 New Zealand10000.01
 Singapore10000
 Israel10000.01
 Portugal10000.02
 Greece10000.02
 Spain10000.01

Data: The AfrAsia Bank

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