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Austria’s population of dollar millionaires grew significantly in 2025, driven by buoyant stock markets and easing inflation. According to the latest World Wealth Report by Capgemini, around 196,000 people in Austria now hold at least one million US dollars in investable assets—an increase of roughly 21 percent compared with the previous year.
A Surge Toward 200,000 Millionaires
Capgemini attributes the global upswing in wealth to strong equity markets and improving macroeconomic conditions. Austria followed this trend closely: the country’s nearly 200,000 millionaires represent one of the steepest year‑on‑year increases in Europe.
Under Capgemini’s definition, dollar millionaires are individuals with investable assets of at least one million US dollars. This includes stocks, bonds, cash, alternative investments, and non‑owner‑occupied real estate.
Total Wealth Climbs to 564 Billion Dollars
The combined wealth of Austria’s millionaire class reached 564 billion US dollars, up from 461 billion the year before. Globally, the number of millionaires rose to 25.3 million, an increase of nearly two million people. Their total wealth hit a record 98.3 trillion US dollars.
The fastest‑growing segment worldwide was the group of ultra‑high‑net‑worth individuals—those with more than 30 million US dollars in investable assets. Their numbers expanded by 9.4 percent.
Global Leaders: USA Still Dominant
The United States remains home to the world’s largest millionaire population. Capgemini reports an increase of 736,000, bringing the US total to 8.7 million. Japan and China also saw substantial gains, while Germany ranked third with 1.78 million wealthy individuals.
Together, the USA, Japan, Germany, and China account for 65.7 percent of all millionaires worldwide.
Wealth Concentration in Austria Remains High
A separate study by the Boston Consulting Group (BCG) highlights Austria’s pronounced wealth concentration. According to BCG’s Global Wealth Report, 500 of the richest individuals control around 39 percent of the country’s financial assets.
When combined with roughly 60,000 high‑net‑worth individuals—those holding between one and 100 million US dollars—these groups collectively own 61 percent of Austria’s financial wealth.
How the Study Was Conducted
Capgemini’s World Wealth Report, published annually since 1997, is based on surveys conducted in January 2026. The study includes responses from 6,510 wealthy individuals across 27 markets, as well as 144 executives from wealth‑management firms and 1,317 client advisors.
- source: vienna.at/picture: pixabay.com
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