Thursday, July 10, 2008

10 Million Wealthy Folks Own An Astounding $40 Trillion!


The recently released 12th annual World Wealth Report co-authored by Capgemini and Merrill Lynch has some amazing findings:


The number of global high net worth individuals (HNWIs, with wealth greater than $1 million) rose 6% in 2007 to 10.1 million, and the number of ultra high net worth individuals (Ultra-HNWIs, with wealth greater than $30 million) increased by 8.8%. For the first time in the history of this report, the average assets held by HNWIs exceeded US$4 million. The combined assets of HNWIs now exceeds $40 trillion!...




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