Wednesday, June 01, 2011

Singapore and Switzerland have the highest concentration of millionaires...

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The number of millionaire households globally increased to about 12.5 million, the Boston-based firm said in a study released today. Singapore millionaires rose by almost 33 percent after jumping about 40 percent a year earlier.

Singapore had the highest concentration of millionaires, accounting for 15.5 percent of the population, the study showed, followed by Switzerland with 9.9 percent, Qatar with 8.9 percent and Hong Kong with 8.7 percent.

Hong Kong had the 10th most millionaire households in the world, with 200,000, as well as 223 households worth more than $100 million.

The Chinese city saw 10,000 newly minted millionaire households last year. In 2005 it had 120,000 millionaires, BCG said. Full story...

Don't miss:
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  2. Want to be a millionaire? Just glue a gold coin to your doorstep!!!
  3. Bill Gates and Warren Buffet hold banquet for China's super rich...
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  5. Rich Chinese buying up houses in Europe... 

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