10 countries with the fastest-growing millionaire populations as of 2025

Millionaire Match Dating

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Apr 21, 2025

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1. United Arab Emirates (UAE)

• Growth Rate: +22%
• Millionaire Population (2024): Over 4,500 new high-net-worth individuals (HNWIs) relocated to the UAE in 2024.
• Why It’s Booming: Attractive factors include zero income tax, luxury infrastructure, and unparalleled safety.​

2. Vietnam

• Growth Rate: +98% over the last decade
• Millionaire Population: Reflects the country’s rapid economic development.

3. Taiwan

• Growth Rate: +47% projected by 2028
• Millionaire Population (2023): 788,799
• Projected Millionaires (2028): 1,158,239
• Why It’s Booming: Economic growth and favorable business environment.

4. Turkey

• Growth Rate: +43% projected by 2028
• Millionaire Population (2023): 60,787
• Projected Millionaires (2028): 87,077
• Why It’s Booming: Economic reforms and strategic location. ​

5. Kazakhstan

• Growth Rate: +37% projected by 2028