U.S. To Gain 7,500 Millionaires in 2025, Fueling More Economic Growth

America has always been a hotbed for millionaires to come invest, grow, and establish further business methods to increase their wealth. Of course, there are plenty around the world in the United Arab Emirates, Saudi Arabia, Switzerland, and other financial powerhouse countries. But the United States is always a hotbed for millionaires looking for a new home, and that is no different in 2025.

There are projected to be an influx of 7,500 millionaires to the U.S. in 2025, which will bring in an estimated $43.7 billion in wealth. Many are coming from places like the United Kingdom, who are seeing a huge outflow of their rich due to terrible immigration and crime policies there. Along with President Trump's Big Beautiful Bill, adding more millionaires could take the U.S. economy to new heights.

Fox News contributor and economist Elizabeth Ames says around 18-percent of U.S. households are millionaires, and this is no surprising trend.

"We have the biggest economy, and compared to the rest of the world, the best environment for business," she says.

America does have some of the most business-friendly policies globally, minus a couple states like California. President Trump has added to that by making the 2017 tax cuts permanent to help businesses thrive.

But Millionaires do not just come here for a cushy lifestyle or to sit in retirement. They are smart with their money, which further fuels more economic positivity.

"They do not just sit there and spend their money on Maserati's...they invest their money, and that investment fuels economic growth. They invest in stocks and private equity...they fuel job creation and the growth of today and tomorrow," says Ames.

There is an even bigger catch though as to why we need more millionaires. Government spending relies on them. The high amount of taxation that the top brackets make helps Washington function.

"They pay the largest percentage of taxes...they are the ones fueling our government, they are paying," Ames says. "If you do not have them, you have a smaller tax base."

It is a big reason why people laugh when Democrats say that we need to "eat the rich." The rich are the people who fund their dramatic overspending on things like an LGBT-themed Sesame Street in Iran or universal income for illegal aliens. Without them, Washington would be stuck in the mud.

But the bottom line is millionaires are important for the U.S. economy, whether you like it or not. More of them are coming this year too, which might help the Trump economy blast off into orbit.

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Photo: Nattakorn Maneerat / iStock / Getty Images


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