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How Many Millionaires Are There In Malta?

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Money makes the world go around, but just how many millionaires does Malta have among us? Malta’s millionaires are getting richer and richer according to new statistics, but just how wealthy are they?

A report on wealth distribution and social mobility recently conducted on the EU member states by Eurofund found that between 2010 and 2017 Malta was one of the five countries that have experienced a clear increase when it comes to wealth inequality.

Based on the national Household Finance and Consumption Survey that was conducted by the European Central Bank in 2010, 2014, and 2017 – some pretty interesting facts came out.

From 2010 to 2017, the 5% that make up the wealthiest people on the island saw their savings grow from 33% all the way to 40%. This means that the richest of the rich have registered the largest increase.

Henley & Partners, in their latest round of projections, have even claimed that Malta has 9,400 high-net-worth individuals on its shores, with each worth in excess of €1 million. This also includes 460 multi-millionaires, 27 people with more than €100 million to their name and two billionaires.

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Good luck and please play responsibly! 

This article is purely for fun. Games of chance are entirely random. Please always gamble responsibly. For help visit rgf.org.mt.

Lottoland is operated by European Lotto and Betting Limited and is licensed by the Malta Gaming Authority, license number MGA/B2C/609/2018. The offer must be redeemed by clicking on and signing up through the link provided in the article above.

The promotion expires on 31st July 2022 at 23:59 CET and is open to new customers only. The offer is redeemable once per player. Winnings from this offer are paid out in cash (not bonus money). Players must be 18 or over. These terms are supplemental to Lottoland’s Promotional Terms and Conditions which are found here.

Source: Malta’s Richest 10% Now Own More Than Half The Country’s Wealth 

READ NEXT: Watch: Lovin Malta Documentary On Legendary Għargħur Gym Owner Bertu Coming Soon

Greta's a creative person who loves to lend a hand to anyone in need. She's also quite quick when it comes to writing... and talking. You can see what shenanigans she gets up to on her personal instagram @littlegretz or shoot her an email at [email protected]!
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