Massive Growth Predicted for Taiwan's Millionaire Population Driven by AI Advancements

Thursday, 11 July 2024, 09:57

Taiwan, with a current millionaire count of 788,799 as of 2023, is poised for a significant increase to an estimated 1,158,239 millionaires by 2028 as forecasted by UBS. This surge is attributed to the flourishing AI industry in the region, reflecting substantial economic growth.
Business Insider
Massive Growth Predicted for Taiwan's Millionaire Population Driven by AI Advancements

Taiwan's Millionaire Population Growth Projection

The number of millionaires in Taiwan is projected to experience a remarkable surge by 47% from 788,799 in 2023 to 1,158,239 by 2028, as indicated by UBS.

AI Industry Driving Economic Prosperity

One of the key factors fueling this growth is the thriving artificial intelligence sector in Taiwan, paving the way for significant wealth accumulation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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