Growth of Vietnam’s millionaire population among world’s fastest

Accordingly, the country’s High Net Worth (HNW) population is set to grow by 10.1 percent each year from 2018-2023. This growth rate is only lower than Nigeria at 16.3 percent, Egypt at 12.5 percent and Bangladesh at 11.4 percent.

The report covers over 540,000 HNW individuals around the world. It defines the HNW population as those with a net worth between $1 million and $30 million.

The world’s HNW population has grown by 1.9 percent since last year to 22.4 million people with a combined wealth of $61.3 trillion.