Friday, June 01, 2012

Singapore has the highest proportion of millionaires in the world...

America’s millionaire population declined last year for the first time since the financial crisis, according to a new report.

The population of U.S. millionaire households (households with investible assets of $1 million or more) fell to 5,134,000 from 5,263,000 in 2011, according to The Boston Consulting Group’s Global Wealth study.

Total private wealth in North America fell by 0.9 percent, to $38 trillion.

The ultra-rich were the largest losers in dollar terms. Households in North America with investible assets of more than $100 million saw their wealth decline 2.4 percent. Their population declined slightly to 2,928 from 2,989. Full story...

See also: China and India swell ranks of millionaires...

Related posts:
  1. Backlash in US over Facebook co-founder's  PR status in Singapore...
  2. Why I love living in Singapore...
  3. Singapore and Switzerland have the highest concentration of millionaires..
  4. Singapore: playground of the super-rich...
  5. Singapore's low taxes attracting top Geneva traders...
  6. Crisis? What crisis? The rich are doing just fine, thank you...

No comments:

Post a Comment