It’s been a fantastic ride in recent years for the global elite, particularly in Asia, where a scorching stock market has put the region on track to become the wealthiest in the world.

By the numbers, China saw its millionaire count soar to nearly four million in 2014, up from three million just a year earlier, according to a study released by the Boston Consulting Group on Monday. That swift rise to wealth is expected to push Asia-Pacific (excluding Japan) to the top of the regional rich list by next year, knocking North America down a peg in the process.