Machine Learning

How many millionaires are in China

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Synopsis

https://www.statista.com/statistics/268411/countries-with-the-most-millionaires/ Chances are, you assume that most millionaires are in the United States, Western Europe, and Japan, and that the rest of the world is far behind According to the Boston Consulting Group, there were more than two million millionaires in China in 2010, and fewer than one million in the United States https://tradingeconomics.com/china/gdp-per-capita?back=https%3A%2F%2Fwww.google.com%2Fsearch%3Fclient%3Dsafari%26as_qdr%3Dall%26as_occt%3Dany%26safe%3Dactive%26as_q%3Dwhat+is+the+per+capita+of+China%26channel%3Daplab%26source%3Da-app1%26hl%3Den Now, it’s true that China’s population is more than four times that of the United States But that’s not a good reason to be impressed by the number of millionaires in China After all, there are more than four times as many people in China than there are in the United States So let’s divide the number of millionaires in China by the size of its population, to get a number that reflects the pro