The Netherlands has more millionaires every year. At the beginning of last year, there were 452,000 households with at least 1 million euros in assets. On average, the Dutch millionaire owns 1.6 million euros.
At the beginning of 2024, there were seventeen thousand more households with a million-euro fortune than a year earlier, according to new figures from statistics agency CBS. In total, approximately 5.5 percent of Dutch households can now call themselves millionaires.
This does not mean that they have 1 million euros in their bank account, but that their assets, including housing, are worth that much.
North Holland and Utrecht have the most millionaires in proportion. Approximately 7 percent of households in those provinces own at least 1 million euros. In the municipalities of Bloemendaal and Laren, one in three households owns 1 million euros or more.
Most wealthy people are not multi-millionaires. The average wealth is now 1.6 million euros. Only 3 percent of millionaires have assets of more than 10 million euros.
Aging also among millionaires
The house (house price and mortgage debt settled) accounts for approximately a quarter of the average millionaire’s assets, according to CBS. For other Dutch households, the house quickly accounts for three quarters of the assets.
Aging also takes place among millionaires. For approximately 40 percent of them, the pension is the largest source of income.
Previously, entrepreneurship was the largest source of income for most millionaires. In 2014, this applied to no less than 70 percent of all millionaires. That percentage has now halved.