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Thursday, June 23, 2011

Who wants to be a millionaire?

Switzerland has the highest concentration of rich people; America has the most in absolute terms
A MILLION dollars in investable assets might not buy the retinue of flashy flunkies that it did in 1956, but it is still a reasonable definition of wealth. Millionaires increased in number almost eveywhere between 2009 and 2010, according to a reportby Capgemini and Merril Lynch released on June 22nd. Among the more interesting nuggets in the report is that Japan has more female millionaires as a share of the total (31%) than Western Europe (18%). The only large country where millionaires became more scarce was Italy. Still, who wants to wallow in champagne?
Jun 22nd 2011, 15:21 by The Economist online

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