Reuters is writing that the ongoing economic crisis has had a large impact for millionaires around the world. For the first time in more than 10 years the total wealth of the world has declined!
In 2009 the total number of millionaires in the world has fallen 17% compared to 2008 – currently there are only 9 000 000 millionaires left in the world.
Hardest hit are the millionaires in USA and Europe – both regions have 22% less millionaires than they had a year ago.
Don’t be alarmed however if you live in the States – with 3.9 million millionaires it is still the country with the largest number of millionaires in the world.
Do You Want a Friend Who is a Millionaire?
If yes then go to Singapore – it is the country with the highest concentration of millionaires in the world. About 8.5% of the population are millionaires!
Following are Switzerland with 6.6 per cent of the population being millionaires, Kuwait with 5.1% and United Arab Emirates with 4.5% of people having more than a million dollars!
USA is lagging behind with 3.5% of its population being millionaires!
The Only Place In The World With Growing Wealth
If you are pessimistic about getting your first million then don’t worry – there is still hope.
It is projected that the world’s total wealth will be back to the 2007 levels by 2013 or later. This seems like a long time to wait but there is still a place in the world were more people get rich than lose their money.
This place is called Latin America – in 2008 they had 3% more millionaires than in 2007.
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{ 9 comments }
First comment!!! Yey Singapore!!! Even though Singapore is rich, it’s very expensive.
Since you are from Singapore – are you a millionaire?
LOLZ Roman!!! Im just a kid. I’m not a millionaire. I live in a 5-room flat in Sembawang, in the north of Singapore. it’s just a 110sq feet house on the 4th floor of the 16th floor flat here. A 1500 sq 3-storey high house in Singapore costs more than $2m!!! If you want to see properties in Singapore, go to http://www.singaporeexpats.com/singapore-property-pictures/house/trevose-crescent-bungalow.htm
LOLZ WHAT I MEANT WAS MORE THAN A MILLION NOT $2M
Hey! Make more posts!!! I’m getting bored when visiting your blog with not much posts. Try to make 1 post a day! That will keep me happy and attract more visitors!
If the United States has 3% of the population as millionaires and the total population is 300 million people that means that there 9 million millionaires in the United States…also your stated world total…
???
according to this there is
10 642 090.3 millionaires in the unites states.. now how is that possible if theres only 9 million in the world
Sorry, but you are mistaken. The article says:
“if you live in the States – with 3.9 million millionaires it is still the country with the largest number of millionaires in the world.”
How on earth did you come up with your figure is a mystery for me…
and richest countries.. are the ones with all the drug lords. such as latin america.. or even columbia
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