rssOct 27, 2026, 17:00

In Bloemendaal you are 'just a millionaire', the term is subject to inflation

Bloemendaal remains the Dutch village with the highest concentration of millionaires, though residents feel the title has lost its prestige due to economic inflation. With property values soaring, locals suggest that having one million euros is no longer a significant marker of extreme wealth.

The village of Bloemendaal continues to hold the highest concentration of millionaires in the Netherlands according to recent research. As the number of millionaires grows nationwide, residents of the wealthy municipality note that the term has lost its exclusivity due to economic inflation and rising property values. Local real estate agents observe that typical home prices in the area now frequently range between one and five million euros, making the label of millionaire less indicative of extreme relative wealth than it was in previous decades.

Because a significant portion of personal wealth in the region is tied directly to real estate holdings, local inhabitants suggest that possessing a single million is no longer a sufficient benchmark for the ultra-wealthy. Some residents joke that one would now need at least ten million to be considered truly affluent by today's standards. This trend highlights a broader shift in how economic status is perceived within high-income communities, as the housing market continues to drive an increase in the number of individuals reaching the million-euro net worth threshold.

Economy Business Lifestyle Haarlem Netherlands

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Based on reporting by rss. Translated and condensed by LocalHeadlines.

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