200,000 Millionaires in Austria: Capgemini World Wealth | allfacts360
Capgemini Report: Around 200,000 Dollar Millionaires in Austria, Global Wealth Sees Record Increase
Vienna, June 04, 2026
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Summary
In Austria, the number of dollar millionaires increased by around a fifth to approximately 200,000 last year, according to Capgemini's calculations. Globally, the wealth of the rich grew by 8.7 percent to a record $98.3 trillion, driven primarily by stock gains in the wake of the AI boom.
Vienna, June 04, 2026
In Austria, the number of dollar millionaires rose by around a fifth to approximately 200,000 in 2025, according to calculations by the consulting firm Capgemini, while the wealth of the rich worldwide recorded a record increase.
Growth in Austria Above European Average
The number of people in Austria with investable assets of at least one million US dollars grew significantly last year, according to the World Wealth Report 2026 by consulting firm Capgemini. Capgemini counted around 196,000 dollar millionaires in Austria for 2025, an increase of about 21 percent compared to the previous year. In one of the most recent analyses, the number is also estimated at around 200,000, making Austria one of the fastest-growing markets in Europe.
The total wealth of wealthy individuals in Austria amounted to 564 billion US dollars, according to Capgemini's calculations, up from 461 billion US dollars in the previous year. The analysts attribute this development, among other things, to robust stock markets and declining inflation. Rising real estate prices, as cited as a growth driver for Switzerland, also played a role in several European markets.
Global Record: $98.3 Trillion in Wealth
Globally, the wealth of High Net Worth Individuals (HNWIs) reached $98.3 trillion, equivalent to around 84.4 trillion euros, according to the report's estimates. This represents an increase of 8.7 percent compared to the previous year and, according to Capgemini, is the largest single-year wealth increase ever measured. The number of dollar millionaires thus rose by almost two million to a total of 25.3 million people.
Capgemini sees strong stock markets as the central driver of this development. The company stated in its report that stock prices proved to be the "main engine for wealth creation of wealthy individuals" in five out of six major geographic regions examined. Technology stocks, in particular, benefited from the ongoing enthusiasm surrounding Artificial Intelligence. In addition, declining inflation further supported real wealth growth.
Stock Markets and AI as Drivers
The World Wealth Report 2026 states verbatim: "Stock markets, driven by price increases related to Artificial Intelligence, were the main engine for wealth creation of wealthy individuals in five of the six major geographic regions examined." The Asia-Pacific region, for example, recorded wealth growth for the rich of 10.5 percent and an increase in the number of millionaires by 9.4 percent. High demand for semiconductors and positive stock market developments drove growth, particularly in Japan and China.
The United States continues to lead the ranking of countries with the most dollar millionaires. At the end of 2025, the United States had 8.7 million millionaires, an increase of 736,000 people compared to the previous year. Japan followed in second place with an increase of 436,000 millionaires, Germany ranked third, and China ranked fourth. In China, the number of millionaires increased by 154,000. India and Australia also recorded increases in their millionaire populations.
USA, Japan, Germany, and China Lead the Ranking
Germany also developed significantly: the number of HNWIs grew by around 11 percent to about 1.78 million people, according to Capgemini. The wealth of wealthy Germans rose by 12.7 percent to over 7.1 trillion US dollars, equivalent to around 6.1 trillion euros. In Europe as a whole, the number of millionaires increased by 6.5 percent, with Luxembourg being one of the fastest-growing markets with an increase of 13.5 percent. France and Great Britain, on the other hand, recorded comparatively moderate growth with increases of 2.7 percent and 2.6 percent, respectively.
In Switzerland, which is also detailed in the report, Capgemini counted nearly 502,000 HNWIs, an increase of 2.6 percent compared to the previous year. The wealth of wealthy Swiss individuals amounted to more than 1,607 billion US dollars, an increase of 4 percent. The report explicitly cites rising real estate prices as a driver of growth.
The balance sheet was not positive in all regions of the world. In the Middle East, the number of millionaires slightly decreased, which analysts attribute to falling oil prices, geopolitical tensions, and a weaker economic outlook. In Latin America, trade uncertainties weighed on wealth development. These regional headwinds temper the global record trend but also show the vulnerability of individual markets.
A closer look at the top wealth level reveals a further growing concentration. The number of Ultra-High-Net-Worth Individuals, i.e., persons with investable assets of at least 30 million US dollars, increased worldwide by 9.4 percent to about 250,000 people. Their wealth grew even slightly faster than that of the broader millionaire group, at 9.7 percent.
Concentration at the Top Increases
According to Capgemini, the richest one percent of all millionaires control 34.8 percent of the total wealth of the HNWI group. This concentration at the top intensified during the reporting period, according to the data. The analysts also point out that wealth growth occurred disproportionately in regions with a high connection to technology and semiconductors.
In addition to Capgemini's figures, the Boston Consulting Group (BCG) also recently presented its Global Wealth Report. According to BCG's categorization, there are around 60,000 High Net Worth Individuals in Austria with assets between one and 100 million US dollars. Together with about 500 super-rich individuals, they hold 61 percent of all financial assets in the country. The 500 super-rich individuals alone account for 39 percent of Austria's financial assets.
BCG Data and Social Situation in Austria
These figures are in tension with the general income situation in the country. According to Statistics Austria, around 1.7 million people in Austria are at risk of poverty. The wealth reports from Capgemini and BCG thus highlight two very different sides of wealth distribution: on the one hand, a record increase in wealth at the top, and on the other hand, a persistently high number of people at the lower end of the income scale.
Methodologically, the Capgemini World Wealth Report, which has been published annually since 1997, is based on several surveys conducted in January 2026. It surveyed 6,510 wealthy private individuals in 27 markets, 144 wealth management executives, and 1,317 customer advisors. The report considers stocks, bonds, alternative investments such as private equity, cash, and real estate not used as primary residences. Art collections and consumer goods such as cars and jewelry are explicitly excluded.
Despite the record increase, observers warn against an overly one-sided interpretation of the figures. If the current AI-driven stock boom subsides or inflation rises again, the pace of growth could significantly slow down. Furthermore, it remains to be seen how geopolitical tensions, trade conflicts, and developments in energy markets will affect the wealth balance of wealthy individuals in the current year.
Questions & Answers
According to Capgemini, how many dollar millionaires are currently in Austria?
Capgemini estimates the number of dollar millionaires in Austria for 2025 at around 196,000 people; in a recent analysis, it is also stated as approximately 200,000, which corresponds to an increase of about 21 percent compared to the previous year.
What factors drove the wealth growth of the rich last year?
Capgemini attributes the growth primarily to robust stock markets and declining inflation; according to the report, price gains in the wake of the Artificial Intelligence boom played a central role in five out of six major regions.
What is the global wealth distribution at the top?
Globally, the number of individuals with investable assets of at least 30 million US dollars increased by 9.4 percent to about 250,000, and according to Capgemini, the richest one percent of all millionaires control 34.8 percent of the HNWI group's wealth.
