Millionaires
U.S. millionaire population grew again last yearPosted by RJ and Makay on Mar 23, 2012 |
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The number of millionaires in the U.S. increased by 200,000 in 2011, according to a newly released report by Spectrem Group. The growth rate, at 2%, was slower than the rate of growth in 2010 and 2009. In 2010, the nation added 600,000 millionaire households, an increase of 8% from the prior year. 2009 saw a rise of 16% from 2008, when millionaire numbers plummeted by 27% during the financial crisis.
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.
Millionaire households comprised 39% of the world’s wealth in 2010, up from 37% in 2009, according to a new Boston Consulting Group survey study. 0.9% of all households globally had assets of over $1 million. 01% of households had $5 million or more in assets and represented 22% of global wealth, a 2% increase from 2009.
