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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Asia millionaires

Asia’s millionaires closing in on North America

Posted by RJ and Makay on Jun 27, 2011

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Asia has 3.3 million high net-worth individuals as of the end of 2010, ahead of Europe’s 3.1 million and slightly behind the U.S.’s 3.4 million, according to the 2011 World Wealth Report released by Merrill Lynch Global Wealth Management and Capgemini.  The report defines high net-worth individuals as people with at least $1 million in financial assets excluding collectables, consumer goods and primary residences.