How many millionaires are there in the world?
According to Credit Suisses's Global Wealth in 2018 report, there are more than 42 million millionaires worlwide, with United States leading the ranks at 17.3 million millionaires. Credit Suisse also estimates the number of world millionaires will rise to 55 million by 2023.
Given the fixed supply cap of Bitcoin at 21 million coins, and without taking into account the Bitcoins that have been lost forever, there will never be enough Bitcoin for every millionaire to own one.
|Rank||Country||Millionaires||World Total %|
The 17 million club?
In reality, the available supply of Bitcoin will never reach 21 million due to funds lost or burned forever. A report from Chainalysis published by Fortune.com estimates the amount of lost Bitcoin could be close to 4 million:
"According to new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one."
Unchained Capital agrees with the above estimate in their own research:
"..an upper bound of 3.8M BTC are inaccessible. Our final estimate from looking at the UTXO age distribution is is that between 3–3.8M BTC are lost "
Support development of this site