Individual wealth in Europe - statistics & facts

High net worth individuals (HNWIs) are those with a net worth over one million U.S. dollars, referring to financial assets and not real assets, such as real estate, land, and vehicles. The European country with the highest number of HNWIs in 2020 was the United Kingdom, followed by Germany and France. The number of HNWIs in the United Kingdom peaked in 2020, reaching around 2.49 million individuals. The country with the highest number of HNWIs worldwide was the United States, with a number of dollar millionaires that was almost eight times as high as the number in the United Kingdom.

Ultra high net worth individuals

To be considered an ultra-high-net-worth individual (UHNWI) you must have a net worth of over thirty million U.S dollars. In the entire population of Europe, under 78,000 individuals could be classified ultra-wealthy as of 2019. The European country with the highest wealth of UHNWIs in 2020 was Germany, followed by France, the United Kingdom, and Switzerland. High-net-worth individuals in Europe had a combined wealth of approximately 17.46 trillion U.S dollars in 2020, compared to the combined wealth of the European adult population being around 103.2 trillion U.S dollars.

How is HNWIs’ wealth allocated?

Total assets of HNWIs include several types of assets: equity, cash and cash equivalents, real estate, fixed income, and alternative investments. The largest share of worldwide HNWIs’ accumulated assets is allocated to equity, which accounts for almost one third of the total assets of HNWIs worldwide, followed by the second largest share which is allocated to cash and cash equivalents. In Europe, the share of assets allocated to equity was lower than on a global scale – around one fourth of total assets – while still being the largest share. In Western Europe, a larger share of the assets, including both financial and real assets, are in real assets, such as real estate, land, fine art, etc.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Jan 24, 2023

Key insights

European country with the highest average financial wealth per adult
Switzerland
European country with the highest net financial assets per capita
Switzerland
Total wealth of the adult population in Europe
103.2tr USD
Get more insights

Editor’s Picks Current statistics on this topic

Average value of financial wealth per adult in Europe in 2022, by country (in 1,000 U.S. dollars)

Savings & Debt

Average financial wealth per adult in Europe 2022, by country

Number of individuals with a net worth of over one billion US dollars in Europe from 2014 to 2024*, by wealth bracket

Savings & Debt

Number of billionaires in Europe 2014-2024

Total wealth of the adult population in Europe from 2010 to 2020 (in billion U.S. dollars)

Finance & Insurance

Wealth of adult population in Europe 2010-2020

Related topics

Recommended

5

Recommended statistics

European overview

10

European overview

Number and wealth of individuals UK

4

Number and wealth of individuals UK

Real estate for the rich

7

Real estate for the rich

Prime property prices

4

Prime property prices

Further reportsGet the best reports to understand your industry

China - HNWIs abroad
China - HNWIs abroad
Private wealth management
Private wealth management
Residential property market in London (UK)
Residential property market in London (UK)
Investments of high-net-worth individuals
Investments of high-net-worth individuals
Wealth management in Europe and the United Kingdom (UK)
Wealth management in Europe and the United Kingdom (UK)
Assets and wealth of households in Europe
Assets and wealth of households in Europe
Residential real estate in Europe
Residential real estate in Europe

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)
Email
support@statista.com

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)
Email
support.japan@statista.com

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)
Email
eu.support@statista.com

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)
Email
latam@statista.com

Mon - Fri, 9am - 6pm (EST)

Menu