London Daily

Focus on the big picture.
Saturday, Aug 02, 2025

The number of millionaires will spike by 40% globally in the next 5 years — but most won't come from the US. Here is the country to watch (and how to invest in it)

The number of millionaires will spike by 40% globally in the next 5 years — but most won't come from the US. Here is the country to watch (and how to invest in it)

The number of millionaires is on the rise with 40% more expected to be made worldwide in the next five years, according to a new report by Credit Suisse.

The Credit Suisse Group AG’s Global Wealth Report 2022 states that by 2026, we’ll have millions of millionaires: more than 87.5 million globally.

You might be thinking that means the U.S. is about to get that much richer, too.

But in fact, today, the country leading the charge in manufacturing millionaires isn’t the United States: It’s China.


Don't miss


*  Looking for consistent returns? You could be the landlord of Walmart, Whole Foods and CVS (and collect income every quarter)

*  Seeking safe haven? Here are 4 easy ways to protect your hard-earned money against runaway inflation

The million-dollar surprise


To be certain, China lost much in productivity and economic drive during the COVID-19 pandemic as lockdowns inundated the country. But developing markets are likely to see a faster recovery from the economic downturn, the report states.

Private fortunes should jump 36% by 2026 to $169 trillion, Credit Suisse reports. It’s quite the rise given the current fall in Chinese markets; the MSCI China Index has plummeted more than 30% year-to-date.

Yet is the report perhaps a tad optimistic? Growth in China has its associated risks, especially given geopolitical tensions with the U.S. and the 2024 deadline for certain Chinese stocks to be delisted from Wall Street. Meanwhile, the rivalries between the two nations in tech, energy and telecom continue unabated.


Some Chinese ETFs to consider


If you want to invest in Chinese exchange-traded funds (ETFs), low prices make this an opportune time. Given the Chinese economy’s size, it’s likely to recover at a more rapid pace than other developing countries, Credit Suisse reports. With that in mind, consider these top ETFs.

WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an attractive option given the big drop in communications services and cyclical stocks. Further, it has a non-state-owned strategy that allows the company to invest in emerging markets with less risk than other Chinese ETFs.

If you’re looking for a huge growth opportunity, Emerging Markets Internet & Ecommerce ETF (EMQQ) has its advantages. The internet and ecommerce sectors have fantastic growth potential in China.

If the tech industry rebounds, this fund could lead the way among tech sector ETFs at a cheaper cost than its U.S. counterparts.


Growth is coming


ETFs allow easy access to growing industries and sidestep the volatility that comes with betting on a single stock. That said, remember that China’s economy needs time to recover, and the tensions mentioned above aren’t about to disappear.

As in so many investment strategies, patience is key.

China has shown muscle in ecommerce and electric vehicle manufacture, to name a few areas with tremendous prospects.

And where Credit Suisse sees opportunity, the would-be wealthy would be well advised to follow — and become millionaires no matter where they call home.

Newsletter

Related Articles

0:00
0:00
Close
Trump Threatens Canada with Tariffs Over Palestinian State Recognition
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Trump Sues Murdoch in “Heavyweight Bout”: Lawsuit Over Alleged Epstein Letter Sets Stage for Courtroom Showdown
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
Trump Administration Finalizes Broad Tariff Increases on Global Trade Partners
J.K. Rowling Limits Public Engagements Citing Safety Fears
JD.com Launches €2.2 Billion Bid for German Electronics Retailer Ceconomy
Azerbaijan Proceeds with Plan to Legalise Casinos on Artificial Islands
Former Judge Charged After Drunk Driving Crash Kills Comedian in Brazil
Jeff Bezos hasn’t paid a dollar in taxes for decades. He makes billions and pays $0 in taxes, LEGALLY
China Increases Use of Exit Bans Amid Rising U.S. Tensions
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Procter & Gamble to Raise U.S. Prices to Offset One‑Billion‑Dollar Tariff Cost
House Republicans Move to Defund OECD Over Global Tax Dispute
Botswana Seeks Controlling Stake in De Beers as Anglo American Prepares Exit
Trump Administration Proposes Repeal of Obama‑Era Endangerment Finding, Dismantling Regulatory Basis for CO₂ Emissions Limits
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
A family has been arrested in the UK for displaying the British flag
Mel Gibson refuses to work with Robert De Niro, saying, "Keep that woke clown away from me."
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
The British propaganda channel BBC News lies again.
Deputy attorney general's second day of meeting with Ghislaine Maxwell has concluded
Controversial March in Switzerland Features Men Dressed in Nazi Uniforms
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
Thai Civilian Death Toll Rises to 12 in Cambodian Cross-Border Attacks
TSUNAMI: Trump Just Crossed the Rubicon—And There’s No Turning Back
Over 120 Criminal Cases Dismissed in Boston Amid Public Defender Shortage
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
Trump Announces $550 Billion Japanese Investment and New Trade Agreements with Indonesia and the Philippines
US Treasury Secretary Calls for Institutional Review of Federal Reserve Amid AI‑Driven Growth Expectations
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Severe Flooding in South Korea Claims Lives Amid Ongoing Rescue Operations
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
CEO Resigns Amid Controversy Over Relationship with HR Executive
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
US Revokes Visas of Brazilian Corrupted Judges Amid Fake Bolsonaro Investigation
U.S. Congress Approves Rescissions Act Cutting Federal Funding for NPR and PBS
North Korea Restricts Foreign Tourist Access to New Seaside Resort
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
×