Dutch millionaires’ assets return to pre-crisis levels

50 euro notes moneyDutch millionaires’ assets have now returned to their 2008 level, according to research by private bank Van Lanschot.

Last year, Dutch millionaires had an average of €2.9m, the same as before the economic crisis, the research found.

Millionaires are also more positive about the economy. Last year, 46% expected the economy to improve, compared with just 28% in 2013. Nevertheless, one-third say they expect their children to be worse off financially than they themselves are.

The report considers a millionaire to be someone with assets of at least €1m, excluding the value of any property. The Netherlands has some 98,000 households which meet this definition, or 1.3% of the total. The average Dutch household has assets of €56,000.