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24/7 Wall St: 10 Countries With the Most Millionaires

2. Japan

Millionaire Households: 1,530,000
Ultra High Net Worth Households: N/A
GDP (millions of USD): 5,458,872 (3rd highest)

Japan’s economy relies on strong cooperation between government and private companies, largely connected through subsidies, and a strong work ethic that is a part of Japanese culture. Major industries in the country include consumer electronics, automobiles, computers, petrochemicals, iron and steel, and pharmaceuticals. Major companies such as Toyota, Honda, and Sony, ensure that the country’s GDP remains high. Top earners in the country include retail magnate Tadashi Yanai, owner of Uniqlo and other brands, and Hiroshi Yamauchi, the man credited with turning Nintendo into the video game powerhouse it is today.
(iStock Photo)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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