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During the year of the pandemic, more than 5 million people became millionaires: what they earn

For the first time in history, more than 1% of the world's population became millionaires — now they control 45.8% of all the world's money

The coronavirus pandemic has helped another 5.2 million people in the world become millionaires.

This is stated in the report of the Swiss international financial company Credit Suisse.

The pandemic helped

The annual Global Wealth Report study says that the emergence of new dollar millionaires was promoted by the pandemic itself, as well as measures to support businesses and the population.

According to the study, by the beginning of 2021, 56.1 million millionaires were formed in the world, thus, this category of citizens for the first time in history exceeded 1% of the world's population.

Thus, millionaires, who make up only 1.1% of the world's inhabitants, own 45.8% of all the world's money.

Where are more new millionaires?

The newest millionaires appeared in six countries:

The U.S. — 1.73 million;
Germany — 633 thousand;
Australia — 392 thousand;
Japan — 390 thousand;
France — 309 thousand;
Great Britain — 258 thousand.

In addition, the number of super-rich people whose wealth exceeds $50 million has also increased by 41.4 thousand. Now there are more than 215 thousand of them.

However, in some countries, the number of dollar millionaires has declined. For example, in Brazil (by 108 thousand), India (by 66 thousand), and Russia (by 44 thousand).

At the same time, low–income citizens have become even more impoverished-they have lost their jobs, and their incomes have declined due to the economic downturn. This was most reflected in underdeveloped countries, where the state did not compensate for the losses of such people.

One of the main factors of the gap in the well-being of the population was the reduction of the National Banks of the countries of the discount rates.

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