The world will soon have a lot more millionaires but UK and Netherlands will lose them says UBS report

UBS Report: The number of millionaires is increasing rapidly all over the world. The number of rich people has increased in developed countries as well as developing countries. India is also moving ahead rapidly in this matter. Now a new report by UBS claims that the number of millionaires will continue to increase in 52 countries till the year 2028.. However, in the United Kingdom and the Netherlands, the trend is just the opposite. Here the number of millionaires seems to be decreasing.

The number of wealthy people will increase in 52 countries

According to financial firm UBS, the number of wealthy people is increasing in 52 out of 56 countries surveyed. Taiwan is at the top of this list. According to the list, the number of millionaires there can increase by about 47 percent in 5 years. Apart from this, the number of rich people can increase by about 43 percent in Turkey and 37 percent in Kazakhstan. UBS has included those people in this list, whose wealth will be at least 1 million dollars.

America has the most number of millionaires, China is second

According to the report, the highest number of millionaires are in America at present. There are about 2.2 crore millionaires there. In the next 5 years, this figure can grow at a rate of about 16 percent. China is at second place. However, the number of millionaires there is much less than America. At present, about 60 lakh people are millionaires in China. The number of rich people in China can grow at a rate of 8 percent by the year 2028.

There will be fewer millionaires in the UK and Netherlands

UBS said that The number of millionaires is going to decrease in the United Kingdom and Netherlands. The firm estimates that the number of rich people in the Netherlands will decrease from 12 lakh to around 11 lakh. On the other hand, the number of millionaires in the United Kingdom, which is at number three in the list of the richest people, may fall by a huge 17 percent. There are currently more than 30 lakh millionaires there, which will decrease to around 25 lakh by 2028.. The UK may also fall behind Japan, France and Germany in this list.

Despite the war, millionaires are increasing in Russia

UBS Chief Economist Paul Donovan told CNBC that despite the war with Ukraine, Russia is still facing a crisis. Number of millionaires It can increase by about 21 percent. He said that the United Kingdom currently has more millionaires than the state of their economy.

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