The number of Moldovan millionaires last year rose by 14%. Thus, in Moldova there are officially 358 millionaires in lei, as opposed to 314 in 2014. The information was made public by the head of State Tax Service Sergiu Puscuta in a news conference, IPN reports.

Sergiu Puscuta said the youngest millionaire in lei is 21, while the oldest one is 76. More than half of the Moldovan millionaires (60%) said the salary is their main source of income.

According to the State Tax Service’s head, the income taxes paid by the Moldovan taxpayers in 2015 represented 22% of the national public budget, which is 5.5 billion lei, 13 percentage points up from a year before.

However, experts say the number of Moldovan millionaires registered officially by the State Tax Service is not accurate as many Moldovans prefer to hide their incomes so as to avoid paying taxes or because they made the money illegally.