More than 15,000 Romanians became millionaires in dollars during the pandemic. Only one Romanian has a fortune of over 500 million dollars

Romania reached 47,000 millionaires in dollars in 2020, 15,000 more than in the previous year and almost triple compared to 2018, according to the Global Wealth 2020 report by Credit Suisse. At the same time, only one Romanian has a fortune of over 500 million dollars, compared to two, in 2019.

Thus, 1.431 million Romanians had a fortune of over 100,000 dollars in 2020, a strong increase compared to 1.11 million in 2019 and 385,000 people in 2019.

Regarding the millionaire Romanians, their number increased from 15,982 people in 2018, to 31,703 people in 2019 and to 47,000 people in 2020.

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Of the 47,000 Romanian millionaires, 43,200 have a fortune between 1 and 5 million dollars, 2,806 between 5 and 10 million dollars, 1,089 between 10 and 50 million dollars, 51 between 50 and 100 million dollars, and 21 between $ 100 million and $ 500 million.

Only one Romanian has a fortune of over 500 million dollars, compared to two Romanians in 2019.

Household net wealth rose 4.1%, from about $ 730 billion in 2019 to $ 761 billion. On average, net worth per adult increased by 4.8% to $ 50,009 from $ 47,721 in December 2019. Most of the wealth ($ 40,702) is represented by non-financial assets.