According to data from Bloomberg cited by Focus.de, the number of wealthy individuals in Poland is increasing at a faster rate than in other countries. From 2021 to 2026, the country is experiencing a boom in millionaires, with an estimated growth of around 109%. Bloomberg also anticipates a strong increase in the number of affluent individuals over the next five years.
Data from the “Wealth Report 2026” by the British consulting firm Knight Frank reveal that while the number of wealthy people has also risen in Germany, this increase is not nearly as dynamic as in Poland. Experts from Knight Frank shed light on the factors driving this phenomenon.
Wealth Created in Polish Businesses
The number of individuals with a net worth of at least $30 million in Poland is projected to grow from 1,442 in 2021 to 3,017 by 2026, potentially approaching 4,900 by 2031. This indicates that Poland is experiencing the strongest growth in ultra-wealthy individuals compared to all countries surveyed. Although the number of affluent individuals is growing, it remains lower than in many other European nations.
What accounts for such rapid growth? Experts from Knight Frank emphasize that the Polish currency, the złoty, is strengthening against the dollar, which has led to an automatic increase in the wealth of Polish citizens when measured in dollars. They also point to tangible changes in the Polish economy, including robust economic growth and the rising value of Polish companies.
Furthermore, there is a rising generation of private investors gaining importance. Over the last few decades, Poland has built a large group of successful companies, which are the source of the most significant fortunes. As these firms grow, so too does the wealth of their owners. Analysts particularly highlight family businesses and entrepreneurs who reinvest their profits.
Poland is one of the fastest-growing economies in the EU, with real GDP increasing by approximately 16% from 2021 to 2026, compared to only about 2% growth in Germany during the same period. Foreign companies have established production plants and service centers in Poland, fully integrating the country into European supply chains and introducing technology. Additionally, the economy benefits from the EU’s single market and billions in support from Brussels, as noted by the German portal.
