Tuesday, January 27, 2015

Millionaires per capita: Qatar leads with 17.5%, followed by Switzerland, Singapore...

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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  2. Wealth of world’s billionaires doubles since 2009...
  3. Richest 1% control 39% of world's wealth and growing...
  4. As inequality soars, the nervous super rich are already planning their escapes...

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