Two Reports Reveal Why Millionaires Are Soaring and What Income Levels Make You Rich ?

Les millionnaires plus nombreux et plus riches. MAXPPP – Patrice Lapoirie

Il y a plus de millionnaires que jamais dans le monde, c’est en France que leur nombre progresse le plus rapidement en Europe.

They have never been so numerous. According to CapGemini's annual study, in 2023 the world had nearly 23 million households with assets of more than $1 million (920,000). ;euro;, excluding main residence).

This is 5% more than the previous year and even 70% more than ten years ago.< /p>

These millionaires alone now have assets, also a record, of nearly $87,000 billion. More than three times the GDP of the United States.

This insolent health of the great fortunes is mainly explained by the frenzy of the stock markets boosted by investors' appetite for artificial intelligence.

Who is rich in France ?

In France, the CAC 40 even rose 17% in one year, thus helping to increase the number of millionaires: 6.4% more in one year, a result without equivalent in the rest of Europe.

According to CapGemini, cited by BFMTV, the number of French dollar millionaire households has indeed reached a record level in 2023 (827,000, or 50,000 more in one year) .

Today France is even the fifth country in the world with the most millionaire households, behind the United States (1st), Japan (2nd), Germany ( 3rd) and China (4th) and ahead of the United Kingdom.

France would be the big winner from Brexit, with many investors having left London for Paris.

Rich from 3 860 euros monthly net ?

At the same time, 4.7 million French people (or 7.4% of the population) are categorized as rich, according to estimates from the Observatory of Inequalities .

According to the organization, which delivered its annual report on Wednesday, any person earning at least 3 860 &euro is considered rich in France ; net monthly. For a couple, this threshold is set at 5 790 €, and up to 9 650 € for a family with two teenagers.