MIDDLE EAST

Every 30th adult now a millionare: UAE adds 13,000 dollar millionaires in 2024

In 2024, the UAE added 13,000 new millionaires, pushing the total to over 240,000. With $785 billion in private wealth, the country has become the second-fastest-growing millionaire market after Türkiye. A surge in financial migration and strong investment inflows highlight the UAE’s growing appeal as a global hub for high-net-worth individuals.

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