JERUSALEM (VosIzNeias) – Israel has about 131,000 millionaires, and its population is rapidly getting rich, according to a report by the Swiss banking firm Credit Suisse.

According to the report, Israel is ranked 23rd in the world in its total number of millionaires, and it is expected that by 2024 it will have 173,000 millionaires, representing a growth rate of 32 percent, according to the Wealth Report Annual World.

The report examines world wealth from mid-2018 to mid-2019.

The total number of Israeli millionaires is relatively high, placing the Jewish State slightly below the most populous countries such as Brazil and Poland, although some states with fewer people, such as Norway, Switzerland and Hong Kong, had more millionaires.

The expected growth rate of 32% places Israel at the center of the group of rich countries.

The Israelis gained wealth at a higher rate than almost any other country, ranking 7th with an average adult gain of around $ 5,000. However, the report notes that Israel’s average wealth in relation to its GDP has grown more slowly than expected.

The net value, or wealth, is defined in the report as the value of financial assets plus real assets, mainly housing, home ownership, minus your debts.

The 46.8 million millionaires in the world own 44% of the world’s wealth, according to the report.

Ten years ago, Credit Suisse Research launched the first global wealth report by providing the most complete and up-to-date document in this regard. Since then, the global wealth report has become the standard benchmark for monitoring the growth of wealth in countries and the extent to which wealth inequalities are widening or narrowing.