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Number of dollar millionaires in Russia increased by 10%

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Number of dollar millionaires in Russia increased by 10%

In 2016, the number of dollar millionaires in Russia has increased up to 132 thousand people — by 10% compared to the year 2015.

In Europe, however, their number decreased by 4%. The corresponding data is provided in the monitoring of social and economic status and well-being conducted by the Institute for social analysis and forecasting at Russian Presidential Academy of National Economy and Public Administration.

The document was presented at a press conference in TASS conference hall.

“According to Knight Frank Research, in 2016, the number of dollar millionaires in Russia increased in comparison with the previous year by 10% and amounted to 132 thousand people (or 0.1% of the number of Russians aged over 15 years), and the number of persons with a fortune of more than $1,000 million increased by 11% and amounted to 83 persons,” the report reads.

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