Time in Yerevan: 11:07,   16 April 2024

Millionaire population rose to 16.3 million households: Boston Consulting Group

Millionaire population rose to 16.3 million households: Boston Consulting Group

YEREVAN, JUNE 10, ARMENPRESS. The total number of millionaire households in the world rose to 16.3 million households in 2013, instead of 12.7 million in 2012.  This was stated in Boston Consulting Group's Global Wealth report.

The U.S. added the most millionaire households and has the highest total, with a gain of 1.1 million households last year. That brings the total to about 7.14 million, reports “Armenpress”, in reference to CNBC.com.

China's millionaire population grew to 2.4 million, but Japan's millionaire population fell by 300,000 to 1.2 million last year, driven mainly by the falling value of the yen versus the dollar.

Qatar had the highest density of millionaires—175 out of every 1,000 households in Qatar are millionaires. Switzerland ranked second in millionaire density (127 per 1,000 households), followed by Singapore (with 100 per 1,000 households).

Global financial wealth in the world rose 14.6 percent last year, to $152 trillion—nearly double the rate of growth in 2012. It's expected to grow at least 5 percent a year over the next five years to $198 trillion. 








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