There are roughly 10,000 to 11,000 "centi-millionaires" (people with $100 million or more) in the United States, with estimates around 10,660 from a 2023 report and projections from Henley & Partners for 2025 suggesting around 9,630 or more, making the U.S. home to a significant portion of the world's wealthiest individuals in this category.
The U.S. is still the dominant capital of entrepreneurship and centi-millionaires, with 38% of the global population worth $100 million or more, according to the report. Countries with the most centi-millionaires: U.S.: 10,660. China: 2,358.
BCG uses a household definition of UHNW, which places only those with more than $100 million liquid financial wealth into the UHNW-category, more than the usual $30 million, with which the ultra-category had been created in 2007.
To be in the top 1% net worth in the U.S., you generally need a household net worth of around $11.6 million to over $13 million, though figures vary slightly by source and recent market changes, with this elite group holding a significant portion of total national wealth, often through stocks, real estate, and businesses. The exact number shifts, but the threshold signifies immense financial power and opportunities far beyond the typical household, with the average household in this tier having much higher wealth due to extreme concentration at the very top.
In order to be considered wealthy in Canada, you should have a net worth of at least $1 million. That being said, a lot of Canadians who are considered wealthy live a relatively normal life. Most of their net worth is in their primary residence, investments, retirement packages, or even a mix of the three.
Only a small fraction of Americans, around 1.8% of U.S. households, have $2 million or more saved in retirement accounts, according to analyses of Federal Reserve data by organizations like the Employee Benefit Research Institute (EBRI). This puts them in a very elite group, as most people fall far short of this milestone, with far fewer reaching $3 million (around 0.8%).
Defining the Classes
Bottom 25% of Americans: Less than $29,300 net worth. Lower middle class (25th to 50th percentile): $29,300 to $209,000 net worth. Upper middle class (50th to 75th percentile): $209,000 to $714,000 net worth. Upper class (75th to 90th percentile): $714,000 to $2.1 million net worth.
Yes, home equity is typically included in your net worth because it represents the portion of your home you own outright. Is equity in your home an asset? Yes, home equity is a type of asset. It reflects the part of the home that you own after subtracting your outstanding mortgage balance.
The rising prevalence of people possessing ever increasing quantities of wealth has given rise to additional terms to further differentiate millionaires. Individuals with net assets of 100 million or more of a currency are commonly termed centimillionaires, or more rarely hectomillionaires.
The net worth of Donald Trump, the 45th and 47th president of the United States, is not publicly known. For decades, Forbes has assessed his wealth, currently estimating it at $5.1 billion as of early June 2025. Meanwhile, Bloomberg estimated his wealth at $7.08 billion in January 2025.
9 Signs of Wealth to Look Out For
Americans now believe it takes an average of $2.3 million to be considered wealthy. That's a 21% rise since 2021, reflecting the way inflation and soaring costs have changed perceptions of wealth.
What is the monthly interest on 100 million dollars? The quick answer—You could earn $416,667 per month in pre-tax interest income with a Certificate of Deposit (CD) at 5% interest. By investing in the stock market and yielding 10%, you could earn $833,333 per month. With 1% interest: $83,333 per month.
In comparison, Canada's centi-millionaire numbers have expanded by 42 per cent to a total of 495.
Joining the top 1% requires a net worth of $11.6 million to $13.7 million, a slight dip from 2024 peaks due to market declines but still among the highest in history. For the top 5%, a net worth of $1.17 million to $2.7 million secures your spot, while the top 10% requires between $970,900 and $1.9 million.
To land in the top 2% of U.S. households by net worth, most estimates place the threshold at around $5.5 million. This figure is based on 2022 data from the Federal Reserve's Survey of Consumer Finances, as interpreted and modeled by tools like DQYDJ's Net Worth Percentile Calculator.
The upper-middle class in Canada (60th-80th percentile) has a median net worth of $1,078,600 and an average of $1,097,141 as of Q2 2024 (Statistics Canada). This group holds significant assets in real estate, investments, and business interests.
The number of individuals who have wealth of at least US$100 million continues to grow globally, led by the United States. There are now 29,350 people in the elite club according to the newly released Centi-Millionaires Report from wealth and investment migration specialists Henley & Partners.
A Knight Frank report said that almost 40% of all individuals worth more than $10 million live in the USA. Over 900,000 people in the US have a net worth in excess of $10 million, Knight Frank said.
At $20 million, the number of households dwindles to approximately 160,000, or about 0.1% of U.S. households. It's estimated that approximately 0.6% of Americans, about 1.8 million people, have a net worth of $20 million or more.