Number Of Millionaires Is Growing Globally

October 3, 2017

The rich are getting richer. Both the number of people with investable assets of at least $1 million in U.S. dollars and the total wealth that represents are expanding around the globe. 

World Wealth Report found big leaps in the ranks of millionaires in North America and Europe, where wealthy populations grew 7.8 percent and 7.7 percent. That was an increase from 2 percent and 5 percent in 2015. Growth slowed slightly in the Asia-Pacific region (excluding Japan), home to the most millionaires, accelerating to 7.4 percent from 9 percent.

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