Over the past 20 years, the number of individuals with net assets between $100 million and $999 million has rapidly multiplied. This influx coincides with, and is likely fueled by, a doubling of the overall population during the same period. As more people achieve extreme wealth just shy of billionaire status, this previously rare stratum of centi-millionaires is coalescing into a distinct financial class. Their lavish lifestyles and outsized societal influence mark them as a new breed of super-rich elite. With growth trends ongoing, centi-millionaires seem poised to further expand their ranks and solidify their position over the coming decades.
Read more the 2023 Centi-Millionaire report