While Pakistan saw huge rise in its millionaire population from 8,494 in 2018 to 15,534 now, India witnessed a decline from 759,000 to 697,655 around the same period.Ī detailed study on all 12 editions of the Credit Suisse’s annual reports also shows that Bangladesh’s economy has witnessed a robust growth over the last decade with its net wealth more than trebled from $240 billion in 2010 to $831 billion now.īangladesh’s net wealth now contributes 0.2% of over $418 trillion global aggregate wealth whereas, the share was only 0.09% back in 2010.
Two of Bangladesh’s South Asian neighbours have seen contrasting trend in last two years as far as millionaires are concerned. The report also shows how 82% of global wealth is at the hands of just richer 10% segment of population. The 12th edition of the Credit Suisse’s Global Wealth Report, estimates the number of millionaires registering a yearly rise by 5.2 million from 50.9 million at the end of 2019 to 56.1 million worldwide at the end of 2020. Some of the report’s previous editions show that there were no millionaire in Bangladesh in 2010, while their numbers were 13,339 at the end of 2018, and has grown ever since by over 8,000.īangladesh’s surge in its millionaire population resembles well with a worldwide rising trend in the numbers of people becoming millionaires in recent years. According to Global Wealth Report 2021, there are now 21,399 people who own wealth in the range of $1-5 millionĪ worldwide track on wealth accumulation amidst a protracted pandemic has found surge in the number of millionaires to 56.1 million at the end of 2020, up by 5.2 million from a year earlier.īangladesh has it’s share of millionaires too – though still very low in ratio of its population size – yet, witnessed a good surge over the past two years.Īccording to Credit Suisse Research Institute’s recently published Global Wealth Report-2021, there are now 21,399 millionaires in Bangladesh, each of whom owns wealth in the range of $1-5 million.
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