Pages

March 18, 2010

US Has the Most Billionaires by a Wide Margin and Japan Has Relatively Few Billionaires In Spite of Being Second in Number of Millionaires

Ads : Nano Technology   Netbook    Technology News    Computer Software



This is from the Forbes Interactive Map of world billionaires

Japan used to have a lot of billionaires before the collapse of their real estate market. Japan has the second most millionaires.




The Merrill Lynch - Capgemini World’s Wealth Report 2009 defines HNWIs as those who hold at least US$1 million in financial assets and Ultra-HNWIs as those who hold at least US$30 million in financial assets, with both excluding collectibles, consumables, consumer durables and primary residences. The number of ultra high net worth individuals worldwide is estimated at about 80,000-95,000. The 80,000 estimate is for 2008. There was a recovery in 2009.

Merrill Lynch/Cap Gemini Wealth Report 2009 (40 page pdf)

Spectrem Group affluent market insights finds that US millionaires have partially recovered from the financial crisis

* U.S. Millionaires Grow 16% to 7.8 Million in 2009 after a sharp decline in 2008.
* Households Worth $5 Million or More Increased 17% to 980,000 (in the USA).
* In addition to the millionaire groups, the broader affluent population, those with a net worth of $500,000 or more (NIPR), grew by 12% in 2009 to 12.7 million (in the USA).


Advertising

Trading Futures
 
Nano Technology
 
Netbook     Technology News
 
Computer Software
   
Future Predictions

Thank You


blog comments powered by Disqus