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In Just 5 Years The World Will See A Stunning Increase In The Number Of Millionaires

Julie Zeveloff

There could be more than 47 million millionaires in the world by 2018, a 50% increase over the current number of millionaires, according t o the  latest Credit Suisse Global Wealth Report.

That number is expected to grow significantly among emerging economies, according to the report. The Asia-Pacific region could go from 5.2 million millionaires to 9 million, and China alone could nearly double its millionaire population in five years. 

Growth in Brazil and Mexico could push Latin America to nearly 1 million millionaires in 2018.

Here's the projection from Credit Suisse:

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Credit Suisse

And these charts show how Credit Suisse projects wealth will be distributed globally and in China in 2018.

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Credit Suisse

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