- India will lose approximately 6,500 millionaires in 2023, following a greater outflow of 7,500 in 2022.
- China is estimated to lose the highest number, 13,500 millionaires in 2023, due to slowing wealth growth and strained trade relations.
- In contrast, Australia and UAE are set to witness a significant inflow of millionaires, mainly due to their attractive immigration policies, safety and quality of life.
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