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- 🐧 Expat Net Worth Report Q1 2023
🐧 Expat Net Worth Report Q1 2023
Insights from $127M+ net worth, $50M income, 47 millionaires, 40 countries
Dexter Zhuang
April 15, 2023 • Estimated Reading Time: 6 minutes
Hey expats. What do 47 millionaires have in common? That’s right, they read Money Abroad 🔥
Welcome to the first-ever edition of our quarterly expat net worth report! 🎉
Today in 10 minutes or less, you’ll learn:
🤩 Who were new subscribers in Q1 2023
📈 Net worth and income insights
💎 Asset allocation for Singapore expats
P.S. If you have been getting value, share Money Abroad with just one friend today: 🙏
💸 Expat Net Worth Report Q1 2023
At the start of every quarter, I aim to publish a net worth snapshot from the previous quarter’s new subscriber cohort.
My goal is to provide expats with a transparent, up-to-date resource on net worth and income data from their peer group.
As far as I know, you won’t be able to find this data anywhere else (not publicly anyway).
All numbers below are self-reported in USD
🍫 Quick bites
313 expats completed the onboarding survey in Q1 2023*
~$127M aggregate net worth 🤯
~$50M aggregate annual gross income
Live in 40 residence countries around the world, hailing from 58 origin countries
*survey created on February 18th
Demographics
Residence countries (top 10)
Singapore
United States
Australia
Canada
Indonesia
Malaysia
United Kingdom
Vietnam
UAE
Netherlands
Origin countries (top 10)
United States
India
Singapore
Australia
Indonesia
Malaysia
United Kingdom
Canada
Hong Kong
France
Age: 83% fall within 25-44 age range, including 56% within 26-34
Gender: 1/3 female, 2/3 male
Financial knowledge: 57% intermediate, 33% beginners, 10% advanced
Net worth
Alright, let’s dive into the juicy stuff.
55% of expats have at least $100k in wealth, while 27% have under $50k.
What surprised me: 15% are millionaires! 🤯
