Millionaire Shortbread | Easy Recipes From Home (2024)

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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! Treat yourself to a caramel square any time you want a sweet, indulgent treat!

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While this recipe tastes like a million bucks, there aren’t any fancy ingredients involved. You should have most, if not all, of these ingredients in your pantry. It does require some time for the caramel layer to firm up, but overall, this is an easy recipe anyone can make!

SAVE THIS RECIPE FOR MILLIONAIRE SHORTBREAD BARS TO YOUR FAVORITE PINTEREST BOARD!

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Tips for Making Millionaire’s Shortbread

This recipe is pretty simple, but there are a few things you can think of ahead of time so that your Twix Bars come out exactly the way you want them. Consider these helpful tips:

  • Line your pan with parchment paper, and make sure to let it overhang the sides so you can easily lift out the finished shortbread bars.
  • Use room-temperature butter for the shortbread layer.
  • When making the caramel layer, make sure to stir constantly to keep it from burning.
  • It is easiest to cut the bars cleanly if the finished bars are chilled first.
  • Make smooth, even cuts by running a sharp knife under hot water, then drying it off before slicing. Clean the knife in between cuts.
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Ingredients for Millionaire Bars

Here’s what you’ll need for the different parts of the recipe:

Shortbread Base
  • ½ cup unsalted butter, room temperature
  • 1 ¼ cup all-purpose flour
  • ¼ cup granulated sugar
Caramel Ingredients
  • ½ cup butter
  • ½ cup light brown sugar
  • ½ cup sweetened condensed milk
  • 2 tablespoons light corn syrup
Chocolate Topping
  • 1 1/4 cups milk chocolate chips
  • 1 tablespoon butter
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How to Make this Millionaire Shortbread Recipe

Prepare: Preheat the oven to 350 degrees F and prepare a 9×9 baking pan with parchment paper.

Shortbread: In a medium bowl, mix the butter, flour, and sugar until combined. It will be a bit crumbly. Press the shortbread mixture gently into the prepared pan. Use your hands or the bottom of a glass to help create a smooth, even layer. Bake for 20-25 minutes or until lightly golden brown. Allow the crust to cool for about 10 minutes before adding the caramel.

It’s important to let each layer cool so the ingredients don’t run together.

Caramel Layer: In a medium saucepan, combine the butter, brown sugar, sweetened condensed milk, and corn syrup and bring to a boil over medium heat. Boil for 5 minutes.

Immediately remove from heat and beat vigorously with a wooden spoon for 3 minutes. Pour the caramel over the slightly cooled crust and spread evenly. Allow to firm up at room temperature for at least 3 hours.

Chocolate Topping: In a small microwave-safe bowl, melt the chocolate chips and butter in the microwave in increments of 30 seconds, stirring in between, until completely smooth and melted. Pour the melted chocolate over the caramel and cover completely.

Chill: Place the caramel squares into the refrigerator to chill and set for at least 30 minutes. Then remove the caramel shortbread from the pan using the parchment paper and cut it into even slices with a sharp knife run under hot water. Clean the knife in between cuts for the best results.

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Recipe Variations

  • You can use dark chocolate chips if you prefer.
  • Sprinkle the chocolate layer with flaky sea salt to enhance the flavors. Or sprinkle crushed candy or pretzel pieces on top for extra crunch!
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FAQs

Give Millionaire Shortbread as a Gift

These bars are perfect on a holiday cookie tray, or you can wrap them individually and place them in a cute box as a homemade gift. I bet your neighbors would love a homemade shortbread bar this holiday season!

Do I need to use a candy thermometer for the caramel?

While a thermometer can be helpful, it isn’t required for this recipe. Simmer the ingredients until the caramel has thickened and is golden brown.

How do I store Homemade Twix Bars?

This shortbread does not need to be refrigerated. Keep it in an airtight container at room temperature for up to 5 days!

Can I freeze Millionaire Shortbread?

Yes, these shortbread bars freeze well! Wrap them tightly in plastic wrap, then a layer of aluminum foil before freezing. Or slice them and wrap and freeze them individually in a freezer bag.

Make sure to thaw them completely at room temperature before serving so they soften up.

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Looking for more delicious desserts?

I love baking, and if you do too, you might want to try one of these delicious recipes for dessert next time you bake:

  • TheseMint Espresso Browniescombine two of my favorite flavors with mint chocolate and coffee!
  • MakeChocolate Crunch Bars with Bourbon Caramel Sauceand serve them warm with a glass of milk or cold with a scoop of ice cream on top. Delicious!
  • Celebrate the flavors of summer with these sweet, crispyStrawberry Rhubarb Oatmeal Bars!
  • These deliciousMixed Berry Pie Barscombine your favorite fresh berries with a buttery crust and crumble. It’s all the flavor of a pie without the hassle of making a pie crust!
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This recipe has been adapted from AllRecipes.com.

Millionaire Shortbread | Easy Recipes From Home (9)

Recipe Card

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Millionaire Shortbread aka Twix Bars

Course Dessert

Cuisine American

Servings 40 servings

Enjoy a slice of rich, decadent Millionaire Shortbread, also known as Caramel Squares or homemade Twix Bars with an easy shortbread crust, gooey caramel layer and smooth milk chocolate topping.

Prep Time 20 minutes mins

Cook Time 25 minutes mins

Resting and Refrigeration 3 hours hrs 40 minutes mins

Total Time 4 hours hrs 25 minutes mins

Ingredients

Shortbread Crust

  • 1/2 cup butter room temperature
  • 1 1/4 cups all-purpose flour
  • 1/4 cup sugar

Carmel Layer

  • 1/2 cup butter
  • 1/2 cup packed light brown sugar
  • 1/2 cup sweetened condensed milk
  • 2 tablespoons light corn syrup

Chocolate Topping:

  • 1 1/4 cups milk chocolate chips
  • 1 tablespoon butter

Instructions

  • Preheat the oven to 350°F and prepare a 9 X 9-inch baking pan.

Shortbread

  • In a medium bowl, mix together the butter, flour and sugar until combined. It will be a bit crumbly. Place into the prepared pan. Bake for 20 minutes or until lightly golden. Allow crust to cool for about 10 minutes before topping with caramel.

Caramel Layer

  • In a medium saucepan, combine the butter, brown sugar, sweetened condensed milk and corn syrup for the caramel to a boil over medium heat. Boil for 5 minutes. Immediately remove from heat and for 3 minutes, beat vigorously with a wooden spoon. Pour over the slightly cooled crust and spread evenly. Allow to firm up for at least 3 hours. This can be done at room temperature.

Chocolate Topping

  • In a small microwaveable bowl, melt the chocolate chips and butter in the microwave in increments of 30 seconds, stirring in between, until completely smooth and melted. Pour the chocolate over the caramel and cover completely. Place into the refrigerator to chill and set for at least 30 minutes.

Nutrition

Serving: 1serving | Calories: 86kcal | Carbohydrates: 15g | Protein: 1g | Fat: 3g | Saturated Fat: 2g | Polyunsaturated Fat: 0.04g | Monounsaturated Fat: 0.1g | Cholesterol: 2mg | Sodium: 13mg | Potassium: 51mg | Fiber: 0.1g | Sugar: 11g | Vitamin A: 20IU | Vitamin C: 0.1mg | Calcium: 26mg | Iron: 0.2mg

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Make sure to follow on Pinterest @easyrecipesfromhome for more easy recipes!

This post was originally published January 8, 2013. The recipe and post has been updated on October 19, 2023.

Millionaire Shortbread | Easy Recipes From Home (2024)

FAQs

Can I use Carnation caramel instead of condensed milk? ›

For my filling, I simply swap the condensed milk for tinned carnation caramel (a.k.a. dulce de leche) instead. This tinned caramel is actually made from sweetened condensed milk so it's essentially the same thing but it's pre-caramelised for you!

Why is the caramel not setting on my millionaire shortbread? ›

If your caramel is too soft, you didn't do it for long enough, so should definitely be kept in the fridge. You want to use a good quality pan if you can, as some pans have a very thin base.

What does millionaire shortbread contain? ›

This Millionaire's Shortbread is the perfect trifecta: Sweet simple, crisp shortbread, rich chewy, homemade caramel, and thick dark chocolate ganache. Sprinkle everything off with a scattering of sea salt and you have a decadently rich treat that lives up to every penny of its lucrative name.

Why is it called billionaire 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.

What happens when you use evaporated milk instead of condensed? ›

For the most part, if you find yourself without condensed milk on hand, you can substitute an equal amount of evaporated milk. The consistency will be the same, but since evaporated milk is unsweetened, you'll need to add sweetener to match the recipe's intended flavor profile or to suit your personal preference.

What is the closest thing to sweetened condensed milk? ›

Canned cream of coconut

Cream of coconut is a great substitute for sweetened condensed milk, giving a hint of tropical flavor. It's dairy-free and can be substituted cup for cup. The thick consistency of cream of coconut closely resembles sweetened condensed milk, allowing for similar richness in many recipes.

What are common mistakes when making shortbread? ›

The most common mistakes when making shortbread are over-working the dough, and incorporating too much flour. The less you work the dough, the more crumbly and melt-in-your-mouth your shortbread cookies will be.

What is the trick to shortbread? ›

Tips To Make the Best Shortbread Cookies
  1. 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. ...
  2. Keep Ingredients Simple. ...
  3. Add Flavor. ...
  4. Don't Overwork. ...
  5. Shape Dough. ...
  6. Chill Before Baking. ...
  7. Bake Until Golden. ...
  8. Add Finishing Touches.

Why does my shortbread have a bitter aftertaste? ›

However, most often it isn't old butter that's the culprit when it comes to bitter shortbread, but rather duration and temperature. Bake Club claims that over-baking, or even baking shortbread on too high a heat, can cause the butter to burn, leading to a sour or pungent aftertaste in the cookies.

What is another name for Millionaire's shortbread? ›

There are many names for this treat: caramel squares, millionaire's bars, caramel shortcake, or caramel slices. If you think about it, Twix bars are also a Millionaire's Shortbread!

Can you freeze Millionaire's shortbread? ›

To Store: These shortbread bars can be stored at room temperature in an airtight container for up to 1 week. To Freeze: Millionaire's Shortbread Bars freeze really well. Wrap the individual bars in plastic wrap and foil and freeze for up to 3 months. Thaw completely at room temperature.

What is a fun fact about shortbread? ›

An early variety of shortbread, using ginger, was reportedly eaten during sittings of the Parliament of Scotland, and therefore the variety was sometimes called "Parliament cake" or "Parlies" into the 19th century. The biscuits were sold in Mrs Flockhart's tavern and shop in Bristo Street in Edinburgh's Potterrow.

What is shortbread called in America? ›

Americans are the outlier on how we use "biscuit"

To most of the rest of the English-speaking world, a biscuit is what Americans would refer to as either a cookie or a cracker. Biscuits can be sweet (shortbread) or savory. They're baked in the oven, and they're crisp, not chewy.

What is the difference between caramel shortbread and millionaire shortbread? ›

Millionaire Shortbread and Caramel Slice may look similar, but they're different in a few key ways. Millionaire Shortbread hails from the UK and has a firmer caramel layer, while Caramel Slice is an Australian treat with a gooey caramel center.

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

What's the difference between millionaire shortbread and billionaire shortbread? Millionaire shortbread has a caramel centre, billionaire shortbread has a decadent salted caramel centre. Can shortbread biscuits be frozen? Yes shortbread cookies and biscuits (even with caramel and chocolate) freeze perfectly.

Is Nestle Carnation caramel condensed milk? ›

Nestle Carnation Caramel Condensed Milk - 6x397g : Amazon.co.uk: Grocery.

Is Carnation caramel condensed milk? ›

Easy to use. Made a Banoffee pie using the caramel condensed milk-easy to use and makes a tasty Banoffee pie.

What can I use instead of Carnation condensed milk? ›

The ingredients used in our Carnation Vegan Condensed Milk Alternative are sugar, water, oat and rice flour, sunflower oil. However, we make this in a factory that also produces dairy products so whilst every effort is made to ensure no milk is in the finished product, we can't guarantee this is the case.

What can I use instead of canned condensed milk? ›

Condensed Milk Substitutes

If you don't have sweetened condensed milk, you can make your own using evaporated milk and sugar, or you can bring 3/4 cup of white sugar, 1/2 cup of water, and 1 1/8 cups of dry powdered milk to a boil and cook, stirring frequently, until thickened, about 20 minutes.

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