The small, wealthy nations of Qatar, Switzerland and Singapore have the most millionaires per capita, at more than 10 percent of all households, the Boston Consulting Group reports.
The oil-rich emirate of Qatar led the field with an astounding 17.5 percent of households being worth more than 1 million U.S. dollars in 2013. In Switzerland, the figure was 12.7 percent, while Singapore, Hong Kong and Kuwait were in the 9-10 percent range. The U.S., China and Japan had the most millionaires by number.
In terms of “ultra-high net worth” households, those with more than $100 million in assets, the U.S., U.K. and China led in absolute numbers, while Hong Kong, Switzerland and Austria had the highest percentages.
Overall, 2013 was a good year to be rich, as global private wealth rose 14.6 percent to $152 trillion, and became even more concentrated toward the top. Full story...
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The oil-rich emirate of Qatar led the field with an astounding 17.5 percent of households being worth more than 1 million U.S. dollars in 2013. In Switzerland, the figure was 12.7 percent, while Singapore, Hong Kong and Kuwait were in the 9-10 percent range. The U.S., China and Japan had the most millionaires by number.
In terms of “ultra-high net worth” households, those with more than $100 million in assets, the U.S., U.K. and China led in absolute numbers, while Hong Kong, Switzerland and Austria had the highest percentages.
Overall, 2013 was a good year to be rich, as global private wealth rose 14.6 percent to $152 trillion, and became even more concentrated toward the top. Full story...
Related posts:
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