Where the World’s Millionaires Live

by Wall Street Job Report on June 5, 2012

Out With the Old, In With the New

Millionaires of the old world, make way for the new rich. According to a global wealth report just released by the Boston Consulting Group, “The Battle to Regain Strength”, the Asia-Pacific region posted the biggest increase in millionaire households. Private wealth in that region (not including Japan) increased by 10.7 percent in 2011 to $23.7 trillion. That countered a wealth decline in Western Europe (due partly to the European debt crisis), where private wealth fell by 0.4 percent to $33.5 trillion. North America’s combined fortunes also declined — by 0.9 percent to $38 trillion. In the slides that follow, you’ll find the world’s top 15 countries for millionaires, ranked by the proportion of households with a million dollars or more in assets.

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