Millionaire's Shortbread (2024)

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Millionaire’s Shortbread goes by many names, but all of them point to a buttery shortbread crust topping with luscious caramel filling and a sturdy chocolate topping. Falling somewhere between a cookie and a candy, you’ll be hooked after just one bite!

Millionaire's Shortbread (1)

Millionaire’s Shortbread has a million names! Not really a million, but it goes by several including: caramel shortbread, chocolate caramel shortbread, caramel squares, caramel slice, millionaire’s slice, and Wellington squares.

In my opinion, the variety of names is evidence that people in different places independently developed recipes for something like Millionaire’s Shortbread, completely unaware of similar confections, not unlike convergent evolution.

Anthropology aside, Millionaire’s Shortbread has a buttery cookie crust topped with soft caramel layer and delicious semi-sweet chocolate topping. No wonder people everywhere are making and eating it!

Table of Contents

  1. Recipe ingredients
  2. Ingredient notes
  3. Step-by-step instructions
  4. Recipe tips and variations
  5. Recipe FAQs
  6. Millionaire’s Shortbread Recipe

Recipe ingredients

Millionaire's Shortbread (2)

At a Glance: Here is a quick snapshot of what ingredients are in this recipe.
Please see the recipe card below for specific quantities.

Ingredient notes

  • Corn syrup:Traditional shortbread is made with Lyle’s Golden Syrup. It is located in the baking aisle near the syrups of well-stocked grocery stores or you canbuy it online.

Step-by-step instructions

To make the shortbread:

  1. Preheat oven to 325 degrees. Line an 8-inch by 8-inch baking pan with parchment, allowing two sides to have a 2-inch overhang. Spray with non-stick spray. Set aside.
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  1. In the bowl of a standing mixer fit with the paddle attachment on medium, or with an electric mixer by hand, cream together butter and sugar until fluffy and light, about 2 minutes.
Millionaire's Shortbread (4)
  1. Add flour and salt, and mix on low speed until combined and has the consistency of course sand, about 2 minutes. Transfer mixture to prepared pan and press into an even layer.
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  1. Bake until light golden brown and dry, about 30 to 35 minutes. Cool on a cooling rack.
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To make the caramel:

  1. As the shortbread cools, combine sweetened condensed milk, butter, syrup, and salt in a medium sauce pan over medium heat. Stir continuously until the mixture is thickened and light butterscotch-colored, about 10 to 20 minutes. (Mixture should read 220 to 225 degrees on a digital thermometer.) Adjust heat as necessary and stir constantly to prevent bottom from scorching.
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  1. Remove pan from heat and stir in vanilla. Immediately pour over the shortbread crust, smoothing it into an even layer.
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To make the chocolate topping:

  1. In a small, microwave-safe bowl, heat chocolate.Stir carefully and continue to microwave in 30-second increments until smooth, stirring after each increment. Pour over caramel filling and spread evenly.
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  1. Chill until chocolate is just set, about 30 minutes. Cut parchment away from sides of pan and using parchment overhang, carefully remove from pan.
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  1. Using a sharp knife, cut into 16 squares.
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Recipe tips and variations

  • Yield: This recipe makes 16 bars approximately 2 inches by 2 inches in size.
  • Storage: Store bars covered in the refrigerator for up to one week. Bring to room temperature before serving.
  • Freezer: Wrap bars well individually in plastic wrap and then foil. Label, date, and freeze for up to 3 months. Thaw at room temperature before serving.
  • Millionaire Pie: Inspired by Furr’s famousMillionaire Pie. With a pecan crust and smooth pineapple filling, this version tastes a MILLION times better than the original!
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Recipe FAQs

Why is it called Millionaire’s Shortbread?

This name came from Scotland and reflects the decadence and “wealth” of this luscious treat that is much fancier than regular shortbread.

What is the difference between Millionaire’s Shortbread and Billionaire’s Shortbread?

While Millionaire’s shortbread has a soft caramel filling, Billionaire’s shortbread has salted caramel sauce in the center.

More chocolate treats

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Millionaire's Shortbread (17)

Millionaire’s Shortbread

By Meggan Hill

Millionaire's Shortbread goes by many names, but all of them point to a buttery shortbread crust topping with luscious caramel filling and a sturdy chocolate topping.

Prep Time 5 minutes mins

Cook Time 45 minutes mins

Chilling time 20 minutes mins

Total Time 50 minutes mins

Servings 16 bars

Course Dessert

Cuisine American, Australian, Scottish

Calories 338

5 from 2 votes

ReviewPrint

Ingredients

For the shortbread:

For the caramel:

For the chocolate topping:

  • 2 (4-ounce) bars semisweet chocolate broken into pieces

Instructions

To make the shortbread:

  • Preheat oven to 325 degrees. Line an 8-inch by 8-inch baking pan with parchment, allowing two sides to have a 2-inch overhang. Spray with non-stick spray. Set aside.

  • In the bowl of a standing mixer fit with the paddle attachment on medium, or with an electric mixer by hand, cream together butter and sugar until fluffy and light, about 2 minutes.

  • Add flour and salt, and mix on low speed until combined and has the consistency of course sand, about 2 minutes. Transfer mixture to prepared pan and press into an even layer. Bake until light golden brown and dry, about 30 to 35 minutes. Cool on a cooling rack.

To make the caramel:

  • As the shortbread cools, combine sweetened condensed milk, butter, syrup, and salt in a medium sauce pan over medium heat. Stir continuously until the mixture is thickened and light butterscotch-colored, about 10 to 20 minutes. (Mixture should read 220 to 225 degrees on a digital thermometer.) Adjust heat as necessary and stir constantly to prevent bottom from scorching.

  • Remove pan from heat and stir in vanilla. Immediately pour over the shortbread crust, smoothing it into an even layer.

To make the chocolate topping:

  • In a small, microwave-safe bowl, heat chocolate.Stir carefully and continue to microwave in 30-second increments until smooth, stirring after each increment.

  • Pour over caramel filling and spread evenly. Chill until chocolate is just set, about 30 minutes.

  • Cut parchment away from sides of pan and using parchment overhang, carefully remove from pan. Using a sharp knife, cut into 16 squares.

Notes

  1. Corn syrup: Traditional shortbread is made with Lyle’s Golden Syrup. It is located in the baking aisle near the syrups of well-stocked grocery stores or you can buy it online.
  2. Yield: This recipe makes 16 bars approximately 2 inches by 2 inches in size.
  3. Storage: Store bars covered in the refrigerator for up to one week. Bring to room temperature before serving.
  4. Freezer: Wrap bars well individually in plastic wrap and then foil. Label, date, and freeze for up to 3 months. Thaw at room temperature before serving.

Nutrition

Serving: 1barCalories: 338kcalCarbohydrates: 38gProtein: 4gFat: 19gSaturated Fat: 12gPolyunsaturated Fat: 1gMonounsaturated Fat: 5gTrans Fat: 0.5gCholesterol: 40mgSodium: 272mgPotassium: 189mgFiber: 1gSugar: 27gVitamin A: 428IUVitamin C: 1mgCalcium: 85mgIron: 1mg

Did you make this recipe?Tag @culinaryhill on Instagram so we can admire your masterpiece! #culinaryhill

Meggan Hill

Website | + posts

Meggan Hill is a classically-trained chef and professional writer. Her meticulously-tested recipes and detailed tutorials bring confidence and success to home cooks everywhere. Meggan has been featured on NPR, HuffPost, FoxNews, LA Times, and more.

Millionaire's Shortbread (2024)

FAQs

Why is it called Millionaire Shortbread? ›

The name "millionaire's shortbread" appears to have originated in Scotland. The "millionaire" prefix to millionaire's shortbread or millionaires slice implies a level of decadence and wealth to the sweet treat, that it is an upgrade from regular shortbread.

Is Twix the same as Millionaire shortbread? ›

Enjoy a slice of rich, decadent Millionaire Shortbread, also known as Caramel Squares or homemade Twix Bars! This dessert contains three layers of sweetness, including buttery shortbread, gooey caramel filling, and smooth milk chocolate, just like a Twix Bar, but better!

What's the difference between millionaire and billionaire shortbread? ›

FAQs. What's the difference between millionaire shortbread and billionaire shortbread? Millionaire shortbread has a caramel centre, billionaire shortbread has a decadent salted caramel centre.

What is the difference between shortbread and Scottish shortbread? ›

Traditional Scottish shortbread is a simple recipe made with sugar, butter, flour, and salt. Other shortbread styles will include leavening agents like baking powder and baking soda, which makes them crisp instead of crumbly like traditional Scottish shortbread.

What's the difference between caramel slice and millionaire shortbread? ›

Millionaire Shortbread hails from the UK and has a firmer caramel layer, while Caramel Slice is an Australian treat with a gooey caramel center. Both are local favorites in their respective countries and go by different names.

Why is shortbread expensive? ›

As shortbread was made with butter, sugar and flour, it would be both expensive and difficult to get hold of the ingredients, and so became synonymous with wealth, luxury and celebrations.

What is the world's famous shortbread? ›

Walker's Shortbread is honoured to carry a Royal Warrant, granted by Her Majesty the Queen, for the supply of Shortbread and Oatcakes. Walker's Shortbread is a gift fit for a king, and a treat befitting any special occasion.

Is Millionaire Shortbread American? ›

The origins of the millionaire's shortbread, also known as caramel shortbread, date back to the early 1950s in Scotland. Zeelandia UK explore modern twists on the classic bakery product.

What did Twix top used to be called? ›

However, the caramel chocolate bar did go by another name in other parts of Europe. You might remember from your holidays that the sweet was known by another name - Raider - up until 1991.

Why is Scottish shortbread so good? ›

The high butter quantity in shortbread (one part sugar to two parts butter) gives it that delightfully crumbly feel. And also its name. This is because the old meaning of the world “short” reflects this crumbliness and so the name 'shortbread' stuck.

How to stop chocolate cracking when cutting millionaire shortbread? ›

Add a tablespoon of oil to the chocolate once it's melted.

So you have no problems cutting the chocolate later once it's set in the fridge. Sometimes cold chocolate can crack but that little touch of oil ensures perfect slices every time. I usually use vegetable oil or coconut oil, but any mild tasting oil should work.

What is the secret to making good shortbread? ›

Tips To Make the Best Shortbread Cookies
  • Choose High Quality Butter. No matter what brand of butter you buy, if it's real butter, you can rest assured that it's the best. ...
  • Keep Ingredients Simple. ...
  • Add Flavor. ...
  • Don't Overwork. ...
  • Shape Dough. ...
  • Chill Before Baking. ...
  • Bake Until Golden. ...
  • Add Finishing Touches.

Why do you put shortbread in the fridge before baking? ›

It comes from using a high proportion of fat (or shortening) to flour and is also where shortcrust pastry gets its name. Why do you put shortbread in the fridge before baking? Chilling the dough before baking will help the shortbread keep their shape while cooking.

Are shortcake cookies the same as shortbread? ›

In American English, shortbread is different from shortcake. Shortcake usually has a chemical leavening agent such as baking powder, which gives it a different, softer texture, and it was normally split and filled with fruit. The most popular example of this difference is strawberry shortcake.

How did shortbread get its name? ›

Shortbread is so named because of its crumbly texture (from an old meaning of the word "short", as opposed to "long", or stretchy). The cause of this texture is its high fat content, provided by the butter. The short or crumbly texture is a result of the fat inhibiting the formation of long protein (gluten) strands.

What is the history of the Millionaire Bar? ›

What is the history of the millionaire bar? The base of millionaire shortbread is a Scottish shortbread, which has been around for centuries. Although people have been adding flavors to shortbread since at least the 19th century, it's unknown who the first one was to layer caramel and chocolate over the shortbread.

What's the difference between shortbread and shortcake? ›

Shortbread is similar to shortcake but doesn't include baking powder. Lots of rich butter gives shortbread a high fat content, resulting in a fine, crumbly texture. Shortcake and shortbread biscuits are delicious on their own, with fruit and cream, or simply topped with a delicate dusting of sugar.

Why does shortbread have holes in the top? ›

The word "bread" comes from "biscuit bread" which was made from leftover bread dough that was sweetened and dried out in the oven to make biscuits. Why do you poke holes in shortbread? The holes allow the moisture to escape during baking and more even heat distribution. This helps dry out and crisp up the cookies.

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