Turkey Ranks 25th Globally in Dollar Millionaires, Knight Frank Report Finds

Turkey has secured 25th place worldwide in terms of the number of dollar millionaires, according to Knight Frank’s “The Wealth Report 2025”.

The report, published by the London-based real estate giant, places Sweden just above Turkey at 24th, while the Philippines and New Zealand rank 26th and 27th, respectively, according to Turkish economic news outlet Ekonomim.

Key Figures from the Report

  • 6,138 individuals in Turkey have a net worth exceeding $10 million.
  • The United States leads the global rankings with 905,413 millionaires, followed by China with 471,634.
  • The total number of people worldwide with over $10 million in assets grew by 41,000 in the past year, reaching 2.3 million.
  • This figure is projected to exceed 2.5 million by 2028.
  • The number of centimillionaires (those worth over $100 million) has surpassed 100,000 globally.

Turkey’s ranking underscores its growing ultra-wealthy class, despite economic challenges and currency fluctuations in recent years.

duvarenglish.com