How many millionaires were there after the Kuwait revalued in the 1990?

Answer 1

After Kuwait revalued its currency in the early 1990s, particularly following the Gulf War and subsequent economic recovery, the number of millionaires in the country significantly increased. Estimates suggest that the number of millionaires surged to around 6,000 by the mid-1990s. This increase was driven by the growth in oil revenues and the rebuilding of the economy, which created substantial wealth for individuals in Kuwait.