Qatar, a land that is loaded with millionaires, holds the third highest density of millionaire households in the world, with 75 out of every 1000 households holding more $1 million in private wealth, according to a study by The Boston Consulting Group.
Markus Massi, a partner and managing director of BCG Middle East stated that "in terms of wealth distribution, private wealth held by ultra-high-net-worth households (those with over 100 million USD) in Qatar showed the highest growth rate in 2014."
It is also estimated that within the next five years, this number is set to grow drastically by at least 9.6 percent.
