Press release No. 232 of 18 May 2021
WIESBADEN – In 2017, just under 24,700 of all people registered as wage or income tax payers in Germany had an income of at least one million euros. This was an increase of just under 1,900 taxpayers compared with 2016. The Federal Statistical Office (Destatis) also reports that the average income of that group was 2.7 million euros. The concentration of millionaires was highest in Hamburg. There, twelve in 10,000 income tax payers subject to unlimited tax liability (1.2 per thousand) had an annual income of more than one million. In both Sachsen-Anhalt and Thüringen, however, this applied to no more than one in 10,000 taxpayers (0.1 per thousand).
