Turkey’s Position Among Dollar Millionaires: 25th Worldwide

Turkey has been ranked 25th globally in the number of dollar millionaires, with 6,138 individuals having more than 10 million dollars. The report from Knight Frank highlights the global distribution of wealth, showing the United States leading this category, followed by China. The number of wealthy individuals globally has risen to 2.3 million, with expectations of further growth by 2028.

According to Knight Frank’s “The Wealth Report 2025,” Turkey ranks 25th in the world for the number of dollar millionaires, with 6,138 individuals possessing wealth exceeding 10 million dollars. This positions Turkey just below Sweden, which is 24th, while the Philippines and New Zealand follow in the rankings at 26th and 27th, respectively.

The United States has the highest concentration of dollar millionaires, with 905,413 individuals, while China holds the second spot with 471,634 millionaires. The global population of people with a net worth exceeding 10 million dollars rose by 41,000 in the past year, now reaching 2.3 million. Predictions suggest this number may surpass 2.5 million by 2028, indicating significant growth in wealth distribution.

Notably, the count of ultra-high-net-worth individuals—those with assets above 100 million dollars—has also exceeded 100,000, highlighting an increasing concentration of wealth among the richest segments of society.

Turkey’s ranking of 25th in dollar millionaires, as reported by Knight Frank, underscores a significant wealth presence within the nation. With 6,138 individuals holding over 10 million dollars, Turkey remains competitive globally, especially considering the increase in ultra-high-net-worth individuals worldwide. Overall, these statistics reflect broader trends in wealth distribution that are projected to continue growing in the coming years.

Original Source: www.duvarenglish.com