The Netherlands - Economy - Individual Wealth: More millionaires in the Netherlands - by Mina Solanki

According to a report by Statistics Netherlands (CBS) based on asset figures from 2007 to 2015, the number of millionaire households in the Netherlands rose by 500 to 106.000 in 2015. The report did not look at the value of the millionaire’s residence or mortgage debt.

Of the 106.000 millionaire households, two-thirds reported employment as their main source of income. The majority of millionaires work in the agricultural industry, financial services, trade, specialised business services, or in the care industry.

About 80 percent of millionaires are entrepreneurs in one way or another, with half taking the title of managing director or major shareholder and a third being self-employed.

Coming in first with the highest percentage, 19 percent of millionaire breadwinners work in the agricultural industry, half of which are active in dairy farming businesses. Many people in this industry are self-employed, and often their money is tied up in their business, for example, in land and equipment.

Financial services came second as the industry in which the most millionaires work.

In 2015, there were 94 Dutch municipalities with 2,5 percent or more residents who had millionaire status. However, in 5 municipalities, 6 percent or more of the residents were millionaires.

The greatest number of millionaires lived in Laren, followed by Bloemendaal, Blaricum, Wassenaar and Rozendaal.

Dutch Millionaires are often married, with 71 percent having tied the knot compared to 45 percent of non-millionaires. Few, 7 percent, had also gone through a divorce, as opposed to 14 percent of non-millionaires.

Read more: More millionaires in the Netherlands