---
title: Where are Most of the World's Millionaires?
description: 'Here''s a hint for North Americans: They''re not necessarily next door.'
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published: '2015-06-18T20:22:01.000Z'
modified: '2015-06-18T20:22:01.000Z'
section: Economy and Politics
tags:
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  - North America
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![Cash 1280X720](https://img.money.com/2015/06/cash-1280x720.jpg)

According to the [World Wealth Report](https://www.worldwealthreport.com/) released by Capgemini and RBC Wealth Management, the Asia-Pacific region now has nearly 10,000 more millionaires than North America, but North America is still where the richest of the rich are. North America's wealthy count for a combined $16.23 trillion while Asia-Pacific's wealthy's combined wealth is just $15.82 trillion. America and China alone are responsible for 52% of the growth in the world's high-net-worth individuals. Strong economic and equity market performances are largely responsible for five of the six world regions. Last year, 920,000 people became millionaires.

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