As of 2025, around 20% of the Irish populace boasts a net worth of €1 million or more, raising questions about what it means to be truly wealthy in Ireland. Wealth managers, like Stephen Felle of Fordel, suggest that this new norm means the definition of 'rich' is evolving, especially when lottery windfalls create instant millionaires. The disparity between upper echelons of wealth is becoming clearer, even as more people reach thresholds previously associated with elite status.
With approximately 20% of the Irish population now possessing a net worth of €1 million or more, perceptions of wealth in Ireland have shifted profoundly in 2025.
Stephen Felle, CEO of Fordel, emphasizes that the distinction between mere affluence and being truly wealthy is increasingly nuanced, especially as the figure of €1 million becomes commonplace.
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