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Boom in Millionaire Population During the Coronavirus Pandemic Era

During the Coronavirus pandemic, Germany experienced a substantial rise in the number of millionaires. By 2021, approximately 34,500 individuals subject to income tax in Germany were classified as millionaires.

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Weathering the COVID-19 storm, Germany witnesses a substantial surge in its millionaire population...
Weathering the COVID-19 storm, Germany witnesses a substantial surge in its millionaire population in 2021. Approximately 34,500 out of the total populace of taxpayers by wage and income reported high accumulated wealth.

Boom in Millionaire Population During the Coronavirus Pandemic Era

Germany's Boom of Income Millionaires During the Pandemic 🇩🇪💰

What's the tea on the swell of income tycoons in Deutschland amidst the COVID-19 crisis? Let's dive in! 💻☕

According to the Federal Statistical Office, 34,500 German wage and income tax payers brought in at least a cool million in 2021. That's a hefty 18% rise compared to the first year of the pandemic in 2020, representing around 5,200 more tycoons!

In 2021, the number of German tax payers earning at least a million increased by 18%, totaling 34,500 individuals, signifying a significant growth in wealthy businesspeople within the finance sector during the pandemic. This surge represents approximately 5,200 newly minted millionaires compared to the initial pandemic year in 2020.

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