The rich are getting a lot richer, according to a report just released by The Boston Consulting Group. The report, Maintaining MomentuminaComplexWorld: Global Wealth 2013, shows that global household wealth grew by 7.8% in 2012, to $135.5 trillion. That’s a big jump from 2011, when it rose 3.6% in the aftermath of the financial crisis.
Behind the rise was a strong rebound in world equity markets, which contributed more than usual to the rise in private wealth and increased rates of saving. The greatest growth was in the Asia-Pacific region (excluding Japan), where private wealth rose 13.8% in 2012, to $28 trillion. Here are the top 15 countries for millionaires, ranked by households with a million dollars or more in assets as a percentage of all households in the country:
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