Millionaire Shortbread Recipe

Jump to Recipe

This post may contain affiliate links. Please read our disclosure policy.

The best Millionaire Shortbread Recipe! Buttery shortbread, smooth caramel and a layer of chocolate come together to make the most delicious caramel shortbread recipe ever. A great bar to feed a crowd or to include on your Christmas cookie tray!

front view of two Millionaire Shortbread bars stacked on each other, the top with a bite taken out


These Millionaire Shortbread Bars are one of the most delicious desserts in my repertoire.  Buttery shortbread, smooth caramel and a layer of chocolate come together to make a sweet treat that will blow you away.
This caramel shortbread is a great bar to feed a crowd (e.g. take to a potluck or barbecue) or to include on your Christmas cookie tray.

I consider this millionaire shortbread recipe a medium to advanced baking recipe – simply because caramel can be finicky and requires undivided attention as it’s made – but I promise you they are worth every second of your expertise and time. 

a millionaire's shortbread cookie topped with sea salt

Millionaire Shortbread Recipe: Ingredients and Substitutions 

overhead photo of the labeled ingredients in this Millionaire Shortbread Recipe
  • Salted Butter. Unsalted butter is a good substitute.
  • White Sugar. organic cane sugar is a good substitute.
  • All-purpose flour. I don’t recommend making substitutions for the flour. 
  • Light corn syrup. recommended substitutes for corn syrup (to be used in the caramel) are brown rice syrup and golden syrup (for my UK friends).
  • Heavy Cream. In the chocolate topping, heavy cream can be substituted with half and half. 
  • Semi-sweet Chocolate. Use any form of chocolate – chips, chopped bars, discs, etc. I prefer semi-sweet or dark, but you can use any variety to suit your tastes. 
front view of two Millionaire Shortbread bars stacked on each other, the top with a bite taken out
Millionaire Shortbread Recipe

How to Make Millionaire Shortbread Bars

This millionaire shortbread recipe is really like three recipes in one. As always, we’ll walk through the process step-by-step, and don’t forget to watch the video!

Make the Shortbread

The first step in making these millionaire bars is to make the shortbread. It needs ot cool slightly before pouring the caramel layer on top, and the caramel takes a lot of attention to make, so be sure to start by baking the shortbread. 

Prepare the Pan

Line a 9×13” baking pan with parchment paper and grease. This is important to ensure you can remove the bars once they are finished to cut easily. 

Make the Shortbread

In the bowl of a standing mixer, or in a large bowl with a hand-held mixer, cream together the butter and sugar until light and fluffy (about 60 seconds).

two overhead photos showing how to make Millionaire Shortbread Bars

Add egg yolk and vanilla and beat until combined.

two overhead photos showing how to make Millionaire Shortbread Bars

Add flour and sea salt and beat until the mixture comes together into large crumbs. Don’t over-mix! 

two overhead photos showing how to make Millionaire Shortbread Bars

Press the mixture into the prepared pan in an even layer and gently poke the top all over with a fork. Bake in preheated oven for 20-25 minutes, until the sides are lightly golden brown.

Remove the baked shortbread from the oven and set on a wire rack to cool while you make the caramel.

two overhead photos showing how to make Millionaire Shortbread Bars

Make the Caramel

Next, make the caramel. This step requires your full attention, so don’t try to multi-task!

Put butter, brown sugar, corn syrup, condensed milk and sea salt in a 4-quart saucepan and cook over medium-low heat until the caramel reaches 225-235 degrees F on a thermometer, stirring frequently. This takes about 45 minutes. Do not rush it.

making caramel for Millionaire Shortbread Bars

How to Avoid Butter Separation While Making Caramel

Sometimes, as you’re cooking caramel, the butter begins to separate from the mixture. I have never had this happen with this recipe, but it can happen, so here are some ways to avoid separation.

  • Use salted butter. Be sure to use salted butter because the salt helps stabilize the caramel.
  • Avoid extreme temperature changes. Don’t turn the heat up high in order to cook the caramel faster. 
  • Stir constantly. Please don’t walk away – this caramel needs to be stirred often. 
  • Melt butter & sugar together. Make sure the butter and sugar melt at the same time in the beginning of cooking. You can chop the butter into smaller pieces to ensure that happens. 
  • Use a thick stockpot to avoid uneven heating. 

How to Fix Separated Caramel

Here are some ways to fix separated caramel, as long as you have not removed it from the saucepan you should be able to save it in one of these two ways: 

  • Beat it. If the butter separates from the caramel, remove it from the heat and beat it vigorously un it’s re-incorporated! Then, if it’s not finished cooking gradually heat the mixture over low heat until it’s finished. 
  • Add hot water. You can try to add 1 to 2 TBS of extremely hot (boiling) water to the mixture and beat it vigorously to re-combine the ingredients. 
caramel cooking for Millionaire Shortbread Bars

Determine Doneness

The best way to know the caramel is done is by using a thermometer. Once it reaches 225-235 degrees F you know it is finished.

You will know you’re getting close when the caramel becomes slightly darker brown in color (but it’s still light brown), thickens and pulls away from the sides of the saucepan as you stir. It will also remain solid when removed from the pot and left to cool or put in cold water. When the caramel is finished cooking, remove from heat, add vanilla and stir vigorously.

completed caramel for Millionaire Shortbread Bars

Assemble Millionaire Shortbread Bars

As soon as the caramel is finished, immediately pour over cooled shortbread.

pouring caramel onto the shortbread layer of Millionaire Shortbread Bars

Then, place the millionaire bars in the refrigerator or outside on a cold day to cool and for the caramel to set. Chill for about 30-60 minutes.

chilled caramel layer of Millionaire Shortbread Bars

Make the Chocolate Topping

Once the caramel is firm, make the chocolate topping. In a small saucepan, heat the heavy cream over medium heat until it just begins to bubbles around the edges, but does not boil.

Reduce heat to low, add chocolate chips and whisk until the mixture is smooth and glossy. Remove from heat, add vanilla and whisk to combine.

two overhead photos showing how to make Millionaire Shortbread Bars

Pour the chocolate topping over the firm caramel and let sit at room temperature or in the refrigerator until the chocolate is set and bars are firm – this takes about 3-6 hours. 

If desired, once the chocolate is mostly firm but not completely, sprinkle some flaky sea salt over the top of the bars. 

two overhead photos showing how to make Millionaire Shortbread Bars

Cut & Serve

Once the chocolate is sufficiently firm, cut the millionaire shortbread into squares. They are best when served at room temperature, so I suggest cutting them and waiting a bit to serve them until they have softened slightly. 

How to Cut Millionaire Bars

The best way to cut these millionaire bars is to run a very sharp knife under hot water, wipe dry and then cut. Repeat between each cut, cleaning and warming the knife each time to avoid any crumbs. 

10 Millionaire Shortbread Bars cut into squares

Store

Store these millionaire bars in an airtight container at room temperature for 5-7 days. You can also store them in the refrigerator and they will last a little longer, but you would want to let them sit at room temperature to warm up a bit before serving. 

Freeze

If you’d like to freeze these millionaire bars, here’s how: 

  1. Place cut bars on a large baking sheet – not touching. 
  2. Freeze for 1 hour, or until hardened.
  3. Wrap individually with plastic wrap and place them in an airtight container. 
  4. Store in the freezer for up to 2 months. 
  5. To thaw: remove frozen millionaire bars from the freezer and let them sit at room temperature until softened enough to eat. 
front view of a millionaire shortbread bar with a bite taken out of it

Millionaire’s Bars Recipe FAQs

How do you fix caramel if the butter separates?

Beat it. If the butter separates from the caramel, remove it from the heat and beat it vigorously un it’s re-incorporated! Then, if it’s not finished cooking gradually heat the mixture over low heat until it’s finished. 
Add hot water. You can try to add 1 to 2 TBS of extremely hot (boiling) water to the mixture and beat it vigorously to re-combine the ingredients. 

How do you cut millionaire shortbread?

The best way to cut these millionaire bars is to run a very sharp knife under hot water, wipe dry and then cut. Repeat between each cut, cleaning and warming the knife each time to avoid any crumbs. 

How do you know when the caramel is done

The best way to know the caramel is done is by using a thermometer. Once it reaches 225-235 degrees F you know it is finished.
You will know you’re getting close when the caramel becomes slightly darker brown in color (but it’s still light brown), thickens and pulls away from the sides of the saucepan as you stir. It will also remain solid when removed from the pot and left to cool or put in cold water.

stack of 4 millionaire shortbread bars, the top has a bite taken out of it

If you make and love our recipes, it would mean so much to me if you would leave a comment and rating! And don’t forget to follow along with us on Instagram, Pinterest, Facebook, and Youtube – be sure to tag @joyfoodsunshine and use the hashtag #joyfoodsunshine so we can see your creations!

Millionaire Shortbread Recipe (Caramel Shortbread)

Laura
The best Millionaire Shortbread Recipe! Buttery shortbread, smooth caramel and a layer of chocolate come together to make the most delicious caramel shortbread recipe ever. A great bar to feed a crowd or include on your Christmas cookie tray!
5 from 32 votes
Course cookies, Dessert
Cuisine American
Servings 28 Bars
Calories 335
Prep Time15 minutes
Cook Time1 hour
Chilling3 hours
Total Time4 hours 15 minutes

Ingredients 
 

Shortbread:

Caramel:

Chocolate Topping

Instructions 

Make the Shortbread

  • Preheat oven to 350 degrees F.
  • Line a 9×13” baking pan with parchment paper and grease.
  • In the bowl of a standing mixer, or in a large bowl with a hand-held mixer, cream together the butter and sugar until light and fluffy (about 60 seconds).
  • Add egg yolk and vanilla and beat until combined.
  • Add flour and sea salt and beat until the mixture comes together into large crumbs.
  • Press the mixture into the prepared pan in an even layer and gently poke the top all over with a fork.
  • Bake in preheated oven for 20-25 minutes, until the sides are lightly golden brown.
  • Remove from the oven and set on a wire rack to cool while you make the caramel.

Make the Caramel

  • Put butter, brown sugar, corn syrup, condensed milk and sea salt in a 4-quart saucepan.
  • Cook over medium-low heat until the caramel reaches 225-235 degrees F on a thermometer, stirring frequently This takes about 30-40 minutes. Do not rush it.
  • You will know you’re getting close when the caramel becomes slightly darker brown in color (but it’s still light brown), thickens and pulls away from the sides of the saucepan as you stir. It will also remain solid when removed from the pot and left to cool or put in cold water.
  • When the caramel is finished cooking, remove from heat, add vanilla and stir vigorously.
  • Immediately pour over cooled shortbread.
  • Place bars in the refrigerator or outside on a cold day to cool and for the caramel to set. Chill for about 30-60 minutes.

Make the Chocolate Topping

  • Once the caramel is firm, make the chocolate topping.
  • In a small saucepan, heat the heavy cream over medium heat until it just begins to bubbles around the edges, but does not boil.
  • Reduce heat to low, add chocolate chips and whisk until the mixture is smooth and glossy.
  • Remove from heat, add vanilla and whisk to combine.
  • Pour over firm caramel and let sit at room temperature or in the refrigerator until the chocolate is set (1-2 hours).
  • Cut into squares and serve at room temperature.

Video

Notes

Ingredient Substitutions: 
I don’t recommend making any substitutions. However, here are a few possible ingredient swaps.
  • Salted Butter. Unsalted butter is a good substitute.
  • White Sugar. organic cane sugar is a good substitute.
  • All-purpose flour. I don’t recommend making substitutions for the flour. 
  • Light corn syrup. recommended substitutes for corn syrup (to be used in the caramel) are brown rice syrup and golden syrup (for my UK friends).
  • Heavy Cream. In the chocolate topping, heavy cream can be substituted with half and half. 
  • Semi-sweet Chocolate. Use any form of chocolate – chips, chopped bars, discs, etc. I prefer semi-sweet or dark, but you can use any variety to suit your tastes.
How to Cut Millionaire’s Shortbread
The best way to cut these millionaire bars is to run a very sharp knife under hot water, wipe dry and then cut. Repeat between each cut, cleaning and warming the knife each time to avoid any crumbs. 
Store
Store these millionaire bars in an airtight container at room temperature for 5-7 days. You can also store them in the refrigerator and they will last a little longer, but you would want to let them sit at room temperature to warm up a bit before serving. 
Freeze
  1. Place cut bars on a large baking sheet with 1/2″ between them.
  2. Freeze for 1 hour, or until hardened.
  3. Wrap individually with plastic wrap and place them in an airtight container. 
  4. Store in the freezer for up to 2 months. 
  5. To thaw: remove frozen millionaire bars from the freezer and let them sit at room temperature until softened enough to eat. 
How to Avoid Butter Separation While Making Caramel
Sometimes, as you’re cooking caramel, the butter begins to separate from the mixture. Here are some ways to avoid separation.
  • Use salted butter. Be sure to use salted butter because the salt helps stabilize the caramel! 
  • Avoid extreme temperature changes. Don’t turn the heat up high in order to cook the caramel faster. 
  • Stir constantly. Please don’t walk away – this caramel needs to be stirred often. 
  • Melt butter & sugar together. Make sure the butter and sugar melt at the same time in the beginning of cooking. You can chop the butter into smaller pieces to ensure that happens. 
  • Use a thick stockpot to avoid uneven heating. 
How to Fix Separated Caramel
Here are some ways to fix separated caramel, as long as you have not removed it from the saucepan you should be able to save it in one of these two ways: 
  • Beat it! If the butter separates from the caramel, remove it from the heat and beat it vigorously un it’s re-incorporated! Then, if it’s not finished cooking gradually heat the mixture over low heat until it’s finished. 
  • Add hot water. You can add 1 to 2 Tablespoons of extremely hot (boiling) water to the mixture and beat it vigorously to re-combine the ingredients. 

Nutrition

Serving: 1bar | Calories: 335kcal | Carbohydrates: 37g | Protein: 3g | Fat: 20g | Saturated Fat: 13g | Cholesterol: 58mg | Sodium: 203mg | Potassium: 83mg | Fiber: 1g | Sugar: 27g | Vitamin A: 587IU | Vitamin C: 1mg | Calcium: 68mg | Iron: 1mg

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

Did you enjoy this recipe? Have a question? Leave a comment below!

Try these recipes




latest recipes

Post a Comment or Ask a Question!

Your email address will not be published. Required fields are marked *

Recipe Rating




15 Comments

  1. 5 stars
    Made these today and they are fantastic. I have a storage question though – I haven’t seen yet how “set” the chocolate will be – will I be able to stack them in a container when set (with wax paper between layers)? I am trying to decide how many containers I might need to prep. Thanks for such clear instructions – this was my first caramel experience.

    1. 5 stars
      Edit to my comment above… I also broke up some pretzels and sprinkled the bits on top of the caramel layer on one end as an experiment… I really liked the extra crunch and salt it added.

    2. Hello! Yes you should be able to stack them – however I always put wax or parchment paper between them just so the crumbs from the crust don’t get on the chocolate.

  2. 5 stars
    Thanks a lot for sharing this beautiful recipe. It was easy to make but you need to be patient to prepare the caramel but it is well worth it. For fellow German people: you can use „Grafschafter Karamellsirup“ to replace the corn syrup.
    Best regards, Martina

  3. 5 stars
    Thanks so much for the tips on saving the caramel if it separates. I thought I had ruined it, but your tips saved it!

  4. 5 stars
    These were absolutely delicious and easy to make. My family keeps asking for them. The caramel section is amazing. Definitely give these a try.

  5. 5 stars
    First they me I made these, they were absolutely delicious and we actually fought over the last bar. Today when I made them I had the problem of the butter separating! I hadn’t read your remedy suggestions but I did stir & whisk them vigorously! It didn’t fix the problem BUT, I realized I had added the vanilla at the beginning, not at the end! I ended up cooking them to the 230 degrees and then poured them into a clean 3 cup Pyrex measuring cup and poured off the unincorporated excess butter from the top. It was less than 1/4 cup. I them poured the cooked caramel over the baked shortbread and it’s chilling now!

    1. Hey Shelley! That would definitely be factor in the butter separating! I’m so glad you realized it – often times if I make a mistake I don’t realize it until way later and I drive myself crazy trying to figure it out! 🙂 Once I forgot to put eggs in my brownies and could NOT figure out why they wouldn’t set – haha!

  6. 5 stars
    These are well worth the work! I have trouble eating just one. Plus I impressed myself by making them. Laura’s instructions really helped. I had no trouble with the caramel!

  7. 5 stars
    I absolutely love all of your recipes! 🙂 is there anyway I could make these gf? I have many gluten intolerant friends and I’m not well versed in using flour substitutions. I know almond flour is a favorite sub.. thank you!
    P.S. Although I haven’t made these yet, I’m confident they will knock it out of the park like everything else I have made from your blog, hence the 5 stars 😄