US Sees 78% Increase in Millionaires from 2014 to 2024

According to the Henley Private Wealth Migration Report 2025, the United States has experienced a significant 78% increase in its millionaire population over the past decade. This growth is attributed to the EB-5 Immigrant Investor Program and the country's unmatched entrepreneurial ecosystem.

Gold is viewed in the window of a store in the jewelry district on April 15, 2013 in New York City. Photo by AFP

Gold Card Initiative to Attract Ultra-High-Net-Worth Individuals

The proposed Gold Card initiative by the administration aims to create a premium pathway for ultra-high-net-worth individuals, further enhancing the US's appeal to the global wealthy.

Global Millionaire Migration Trends

Globally, about 142,000 millionaires are expected to relocate in 2025, with the UAE leading the trend, followed by the US, Italy, Switzerland, and Saudi Arabia.

Benefits of Millionaire Migration

The report underscores the positive impacts of millionaire migration, including increased foreign exchange revenue, new business establishments, and stimulation of local economies.