Beautiful Virgin Islands

Saturday, Jul 26, 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

Beautiful Virgin Islands
0:00
0:00
Close
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
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
Microsoft, US Lab to Use AI for Faster Nuclear Plant Licensing
Trump Walks Back Talk of Firing Fed Chair Jerome Powell
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Irish Tech Worker Detained 100 days by US Authorities for Overstaying Visa
Dimon Warns on Fed Independence as Trump Administration Eyes Powell’s Succession
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Jeff Bezos Considers Purchasing Condé Nast as a Wedding Gift
Ghislaine Maxwell Says She’s Ready to Testify Before Congress on Epstein’s Criminal Empire
Bal des Pompiers: A Celebration of Community and Firefighter Culture in France
FBI Chief Kash Patel Denies Resignation Speculations Amid Epstein List Controversy
Air India Pilot’s Mental Health Records Under Scrutiny
×