No, there are more than 600 millionaires.
According to Fatah spokesman Ahmad Assaf, as of 2014, there were 1,700 Hamas millionaires in Gaza.
See also the 2013 article Gaza's New Millionaires
How about an increasing number of millionaires, their fortunes fuelled by skyrocket prices for mansions and lavish villas. Seyi Rhodes has latest on the worlds' most unlikely property boom.
REPORTER: Seyi Rhodes
REPORTER: Do you bring your family to the beach?
ESSAM MORTJA, REAL ESTATE AGENT: Yes.
ESSAM MORTJA: Yes, but usually in the morning.
For Essam Mortja, the Mediterranean is just a short walk from home, he is an estate agent and property developer and given his location, he thinks he is onto a winner.
ESSAM MORTJA: Where in the world like this? Where?
But this is Gaza, under Israeli siege and every few years there is a war. Essam says forget about all of that. The property business is on a roll.
ESSAM MORTJA (Translation): There's been a boom. Business has never been so good.
Essam shows off some of the glitzy property he has helped to sell. In downtown Gaza, the prices have trebled in four years.
ESSAM MORTJA (Translation): That's also $3 million. This is $1million and a half
Essam was born into one of Gaza's wealther families. His dad was in property too. He has spent his life chasing deals.
ESSAM MORTJA (Translation): How much is he asking for it? $2,000 per square metre. Someone just called me about a property sale. He wants;about 2 million for it, dollars.
There aren't many people in Gaza with that sort of cash but Essam knows most of them. The property is a holiday village on the beach, within a few hours Essam has a potential buyer.
MUHNIR LORKA (Translation): How much is it?
ESSAM MORTJA (Translation): Two million dollars.
Still, 1,700 millionaires is only about 0.1% millionaires. The USA has about 4% millionaires for comparison according to this article
Credit Suisse says that Gaza has in the range of $5,000 to $25,000 of wealth per adult.