Number of Millionaires in Germany Rises Sharply

Germany saw a significant surge in its millionaire population in 2025, with the number of individuals holding at least one million US dollars in investable assets growing by 11.1% compared to the previous year. This brought the total to approximately 1.78 million millionaires within the country. The increase is detailed in the World Wealth Report by consulting firm Capgemini. Globally, the population of millionaires also expanded considerably, adding nearly two million individuals to reach a total of 25.3 million worldwide. The report attributes some of this growth to declining inflation rates. Germany solidified its position as the third-largest nation for millionaires, following the United States and Japan. The US reported the largest increase, adding 736,000 millionaires to reach 8.7 million. Japan ranked second with 436,000 millionaires, while China followed in fourth place with 154,000 new millionaires. Together, these four nations account for nearly two-thirds of the world's millionaire population. The total wealth of the wealthiest individuals in Germany grew by 12.7% to over $7.1 trillion.