79 thousand millionaires in Kuwait

  • 24/06/2021

The World Wealth Report 2021, issued by Credit Suisse Bank, revealed that the number of millionaires in Kuwait decreased from 93,000 millionaires in 2019 to 79,000 in 2020.

The bank said that Kuwait is among the top 10 countries, along with Saudi Arabia and the United Arab Emirates in The number of millionaires with a fortune of more than one million dollars has decreased, but the impact of the challenges of the Corona pandemic during the past year was less harmful to Kuwaiti millionaires compared to their Saudi and Emirati counterparts, as the number of Saudi millionaires decreased from 268,000 millionaires in 2019 to 236,000 in 2020, The average loss for each millionaire was about $7 million. In the UAE, the number of millionaires decreased from 208,000 in 2019 to 169,000 in 2020

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