According to the report, the number of millionaires in Israel, defined as possessing more than $1 million worth of holdings (cash, property and investments), stands at 105,000 people, of which 18 are considered billionaires. This constitutes an increase of 17,000 people, roughly 19%, in the amount of millionaires since 2015. Additionally, 25 people in Israel hold an estimated fortune of $500 million-$1 billion, while 277 people hold between $100-$500 million.
According to the report, in the last 16 years, the average Israeli citizen's wealth has doubled from $92,589 to $176,263. The median wealth of an Israeli citizen stood at only $54,384—about a third of the average wealth.
The Gini Index, which measures income inequality in countries, measured Israel at 77.2%. The index is measured on a scale of 0-100, with 0 representing perfect equality and 100 representing perfect inequality.
The majority of wealth (70%) that Israelis hold is financial instruments such as cash and other securities, while the other 30% is comprised of real estate and other properties. In contrast, Israel's debt stands at an average of $29,800 per person, or roughly 14.5% of the wealth of the average person.