what is the percentage of millionaires in australia

In Australia, the percentage of millionaires depends on the definition, but a commonly cited figure is about 10% of adults when using US dollar millionaire status. Another recent estimate puts it at 13% of the adult population when all assets, including the home, are counted.

What the numbers mean

• UBS estimate: about 1 in 10 Australians are millionaires in US dollar terms.

• Finder estimate: about 13% of Australians are millionaires, but that includes the value of the principal residence.

• Without the home: Finder says the share drops to about 5% of adults.

Simple takeaway

If you want one headline number, 10% is the safest current answer for Australia’s millionaire share using the UBS definition.

Note on definitions

Different reports use different rules for what counts as “millionaire,” so the percentage can shift a lot depending on whether a person’s home is included. That is why you may see figures ranging from 5% to 13% in recent reporting.

TL;DR: Australia is often described as having about 1 in 10 adults who are millionaires, but broader asset-based measures push that closer to 13%.