This post is by Omri Wallach from Visual Capitalist

See this visualization first on the Voronoi app.

Bar chart illustrating the net wealth required to enter the 1% club in selected countries and territories.

Wealth Needed to Join the Top 1%, by Country

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. The last decade has witnessed a remarkable surge in the global number of millionaires. By 2022, 1.1% of the world’s adults were millionaires, up from 0.6% in 2012. So, how to know if you belong to the top 1% in your country? In this infographic, we illustrate the net wealth required to enter the club in selected countries and territories. The data is sourced from the Knight Frank Wealth Report 2024.

The 1% Club

The individual net wealth required to join the top 1% can vary across countries. European hubs top the list, with small countries like Monaco or Luxembourg having extremely high wealth barriers to joining the top 1%.
CountriesRegionWealth (USD)Population
🇲🇨 MonacoEurope$12,883,00036,297
🇱🇺 LuxembourgEurope$10,832,000654,768
🇨🇭 SwitzerlandEurope$8,509,0008,796,669
🇺🇸 U.S.N. America$5,813,000339,996,563
🇸🇬 SingaporeAsia$5,227,0006,014,723
🇸🇪 SwedenEurope$4,761,00010,612,086
🇦🇺 AustraliaOceania$4,673,00026,439,111
🇳🇿 New ZealandOceania$4,574,0005,228,100
🇮🇪 IrelandEurope$4,321,0005,056,935
🇩🇪 GermanyEurope$3,430,00083,294,633
🇫🇷 FranceEurope$3,273,00064,756,584
🇭🇰 Hong Kong SARAsia$3,094,0007,491,609
🇬🇧 UKEurope$3,070,00067,736,802
🇮🇹 ItalyEurope$2,548,00058,870,762
🇪🇸 SpainEurope$2,468,00047,519,628
🇯🇵 JapanAsia$1,971,000123,294,513
🇨🇳 China (mainland)Asia$1,074,0001,425,671,352
According to this year’s report, Monaco leads with $12.9 million required to join the 1% (Read more…)