I never get tired of these classic Millionaire Bars, made with three layers of pure bliss! A shortbread cookie layer is topped with sweet homemade caramel, then a thick layer of smooth chocolate is spread right across the very top. It’s hard to say which part of these millionaire shortbread bars is my favorite because they’re all pretty perfect!

a bitten millionaire bar stacked on top of 3 millionaire bars.

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This recipe for Millionaire bars always comes in handy around the holidays, because it’s an easy party dessert and it makes for a simple gift too. All it takes to make this recipe is some basic baking ingredients plus a few easy steps. I love to package up a few bars to hand out to neighbors. This dessert always brings some cheer!

Ingredients for Millionaire Shortbread Bars

  • Butter: Use unsalted butter for the shortbread and caramel layers. You’ll need about 4 sticks total.
  • Sugar: A mix of brown sugar and granulated sugar adds the perfect, rich sweetness to the cookie bar layers.
  • Flour: Use all-purpose flour for the shortbread.
  • Vanilla Extract: This adds just the right hint of flavor to the layers.
  • Sweetened Condensed Milk: This thick, sweetened milk works best for making caramel.
  • Corn Syrup: This helps create the perfect texture for the caramel layer–soft, chewy, and not too sticky.
  • Chocolate Chips: Milk, semisweet, or dark chocolate chips are all fine to use.
  • Coconut Oil: This helps create a smooth chocolate texture that’s easy to pour and spread, and helps it to harden properly on top of the bars.
close up view of cut millionaire bars, two turned on their sides.
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Tips for Success

  • Line your baking dish with parchment paper so that it’s easy to lift and remove the millionaire bars once they’ve finished setting.
  • Measure your flour using the spoon-and-level method to avoid dense, dry shortbread.
  • Take care not to boil the caramel filling; otherwise, it may set too hard. And stir it constantly to prevent it from scorching.

How to Store and Reheat

Store millionaire bars in an airtight container in the refrigerator for up to 5 days. Enjoy cold or at room temperature.

Freeze in a single layer on a lined baking sheet until solid, about 1-2 hours. Transfer to an airtight container or Ziplock bag to store for up to 3 months. Let thaw at room temperature before enjoying.

4 stacked millionaire shortbread bars.
Recipe Card

Millionaire Bars Recipe

4.74 from 23 votes
Prep: 20 minutes
Cook: 25 minutes
Chill Time: 1 hour
Total: 1 hour 45 minutes
Servings: 24 bars
Author: Becky Hardin
featured millionaire bars.
Millionaire Bars start with a layer of shortbread cookies, topped with layers of homemade caramel and silky chocolate.
Step-by-step photos can be seen below the recipe card.
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Ingredients 

For the Shortbread Layer

  • 1 cup unsalted butter 226 grams, room temperature (2 sticks)
  • ¼ cup granulated sugar 50 grams
  • ½ cup brown sugar 107 grams
  • ½ teaspoon kosher salt
  • 1 teaspoon vanilla extract 4 grams
  • 2 cups all-purpose flour 240 grams

For the Caramel Layer

  • 14 ounces sweetened condensed milk 396 grams (1 can)
  • ¾ cup unsalted butter 170 grams (1½ sticks)
  • ¾ cup brown sugar 160 grams
  • ¼ cup corn syrup 78 grams
  • ½ teaspoon pure vanilla extract 2 grams
  • ½ teaspoon kosher salt

For the Chocolate Layer

  • 3 cups chocolate chips 510 grams
  • 3 tablespoons coconut oil 42 grams

Instructions 

  • Preheat oven to 350°F. Line a 9×9-inch baking pan with parchment paper. Set aside.
  • In a large bowl, using a hand mixer, cream the butter and sugars together.
    1 cup unsalted butter, ¼ cup granulated sugar, ½ cup brown sugar
  • Add in the salt and vanilla extract and beat until incorporated.
    ½ teaspoon kosher salt, 1 teaspoon vanilla extract
  • Add in the flour, little by little, beating after each addition. Mix until the dough comes together, being careful not to overmix.
    2 cups all-purpose flour
    millionaire bar dough in a glass bowl.
  • Press the dough into the bottom of the pan.
    shortbread dough pressed into a square baking pan.
  • Bake for 12-15 minutes until golden brown. Let cool.
  • While the crust is cooling, add the sweetened condensed milk, unsalted butter, brown sugar, corn syrup, vanilla extract, and salt to a saucepan. Stir over medium-high heat. Once the mixture begins to bubble, reduce the heat to a simmer. Continue stirring for 5-10 minutes until the mixture has thickened.
    14 ounces sweetened condensed milk, ¾ cup unsalted butter, ¾ cup brown sugar, ¼ cup corn syrup, ½ teaspoon pure vanilla extract, ½ teaspoon kosher salt
    caramel in a saucepan.
  • Pour the caramel over the cooled shortbread layer.
    caramel poured over baked shortbread in a square baking pan.
  • Refrigerate for at least 1 hour to let the caramel set.
  • Place the chocolate chips and coconut oil in microwave safe bowl. Microwave the chocolate in 30 second increments. Stir until melted and smooth. Allow chocolate to cool for a few minutes.
    3 cups chocolate chips, 3 tablespoons coconut oil
  • Pour the chocolate over the caramel layer and spread it out in an even layer. Return the bars to the refrigerator or freezer until the chocolate hardens.
    chocolate poured over millionaire bars in a square baking pan.

Video

Becky’s Tips

  • Try switching up the chocolate. You can use milk, semisweet, dark, or white chocolate!
  • Stir chocolate chips or crushed pretzels into the shortbread dough.
  • Sprinkle Reese’s Pieces, chopped peanut butter cups or Rolos, toffee chips, or mini M&M’s over top before the chocolate sets.
  • Line your baking dish for easy removal.
  • Measure your flour using the spoon-and-level method to avoid dense, dry cookies.
  • Take care not to boil the caramel filling; otherwise, it may set too hard.
  • Stir the caramel constantly to prevent it from scorching.
Storage: Store millionaire bars in an airtight container in the refrigerator for up to 5 days or in the freezer for up to 3 months.
Serving: 1barCalories: 399kcalCarbohydrates: 48gProtein: 3gFat: 23gSaturated Fat: 15gPolyunsaturated Fat: 1gMonounsaturated Fat: 4gTrans Fat: 1gCholesterol: 41mgSodium: 125mgPotassium: 156mgFiber: 0.3gSugar: 38gVitamin A: 458IUVitamin C: 0.4mgCalcium: 79mgIron: 1mg

Nutrition information is automatically calculated, so should only be used as an approximation.

Did you make this? Leave a comment!

How to Make Millionaire Bars Step by Step

Prep: Preheat the oven to 350°F, then line a 9×9-inch baking pan with parchment paper and set it aside.

Make the Shortbread Layer: In a large bowl, using a hand mixer, cream 1 cup of unsalted butter, ¼ cup of granulated sugar, and ½ cup of brown sugar. Then add in ½ teaspoon of kosher salt and 1 teaspoon of vanilla extract, and beat until incorporated. Next, add in 2 cups of all-purpose flour, little by little, beating after each addition. Mix until the dough comes together, but be careful not to over-mix it.

shortbread dough in a glass bowl.

Bake and Cool: Press the cookie dough into the bottom of the prepared pan, and bake for 12-15 minutes until golden brown. Then let it cool.

shortbread dough pressed into a square baking pan.

Make the Caramel: While the cookie layer is cooling; add 14 ounces of sweetened condensed milk, ¾ cup of unsalted butter, ¾ cup of brown sugar, ¼ cup of corn syrup, ½ teaspoon of pure vanilla extract, and ½ teaspoon of kosher salt to a saucepan. Stir over medium-high heat. Once the mixture begins to bubble, reduce the heat to a simmer, and continue stirring for 5-10 minutes until the mixture has thickened.

caramel in a saucepan.

Pour and Set: Pour the caramel over the cooled shortbread layer. Then refrigerate for at least 1 hour to let the caramel set.

caramel spread over shortbread in a square baking pan.

Make the Chocolate Layer: Place 3 cups of chocolate chips and 3 tablespoons of coconut oil in microwave safe bowl. Microwave the chocolate in 30 second increments, stirring until melted and smooth. Allow the chocolate to cool for a few minutes, then pour it on top of the caramel layer.

chocolate poured over millionaire bars in a square baking pan.

Set the Chocolate: Spread the chocolate out in an even layer. Then return the bars to the refrigerator or freezer until the chocolate hardens.

millionaire bars in a square baking pan.

Cut and Serve: Once the Millionaire bars have fully set and hardened, lift them out of the dish using the parchment paper. Cut into squares and enjoy!

overhead view of cut millionaire bars.

What are millionaire bars?

Millionaire bars (aka: millionaire shortbread) are thick, decadent bars made from layers of shortbread cookie, buttery caramel, and silky chocolate.

Why are they called millionaire bars?

The name millionaire bars (or millionaire shortbread) comes from the fact that these bars are incredibly rich and decadent, just like a millionaire!

Are millionaire bars the same thing as Twix?

Twix candy bars are based on millionaire bars, but homemade is so much better!

Do I have to chill millionaire bars before adding the chocolate layer?

Yes! The caramel will be runny when you first pour it on, so it needs time to set up before you add the chocolate. Otherwise, the chocolate will melt into the caramel, creating a muddy layer.

Can I freeze millionaire bars?

Absolutely! These bars will keep in the freezer for up to 3 months!

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Meet Becky Hardin

Becky Hardin is a wife and mother living in Saint Louis Missouri. She founded The Cookie Rookie in 2012 as a creative way to share recipes. Now, she is a trusted resource for easy cooking around the world, being featured in Taste of Home, The Kitchn, ABC’s Home and Family, and more. Here at The Cookie Rookie she is the editor in chief of all recipes and continues to enjoy sharing her passion for cooking for busy families. She has since founded two additional food blogs, Easy Chicken Recipes and Easy Dessert Recipes.

4.74 from 23 votes (23 ratings without comment)
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1 Comment
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Judy Pogue
Judy Pogue
November 19, 2024 7:29 am

I appreciate that you put the ingredients in the step-by-step directions. Thank you