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Jetée · 03-11-2010, 05:57 PM

The ranks of millionaires, now more than ten million strong, are swelling one BRIC at a time. That's because Brazil, Russia, India, and China are enjoying some of the highest rates of growth in millionaires. According to an annual report on world wealth, the population of those with a million U.S. dollars in assets, not including home value, rose most last year in stock-strong India (up 23%), manufacturing giant China (20%), and ethanol-exporting Brazil (19%), with gas-and oil-rich Russia (14%) surging too. They're joining the usual suspects: the U.S. (the most millionaires total), Switzerland (most per capita), North America (per continent).

But whether you’re from a BRIC or an Old Money nation, a million bucks isn’t what it used to be. Thanks to global inflation, it's now worth a mere $455,000 in 1983 dollars.

So has being a millionaire lost its cachet? That’s rich. “The word is fixed in the popular imagination,” says sociologist Leonard Beeghley. “It’s still what people aspire to. Perception hasn’t caught up with economic reality.”
—Jeremy Berlin

millonarios%2Bdel%2Bmundo.jpg

SHOW ME THE MONEY
In 2007, the world's 10.1 million millionaires were worth $40.7 trillion. These are the nations with the most millionaires per capita:

1 Switzerland (2.7% of population)
2 United Arab Emirates (1.8%)
3 Singapore (1.7%)
4 Norway (1.3%)
5 Japan (1.2%)
6 United States and Germany (1%)

GRAPHIC: OLIVER UBERTI, NG STAFF; ZACH FERRIOLA-BRUCKENSTEIN
SOURCE: CAPGEMINI/MERRILL LYNCH, WORLD WEALTH REPORT, 2008

[Nat'l Geo.]

03-11-2010, 05:57 PM	#2 (permalink)
Jetée The Reforms Location: Rarely, if ever, here or there, but always in transition	The ranks of millionaires, now more than ten million strong, are swelling one BRIC at a time. That's because Brazil, Russia, India, and China are enjoying some of the highest rates of growth in millionaires. According to an annual report on world wealth, the population of those with a million U.S. dollars in assets, not including home value, rose most last year in stock-strong India (up 23%), manufacturing giant China (20%), and ethanol-exporting Brazil (19%), with gas-and oil-rich Russia (14%) surging too. They're joining the usual suspects: the U.S. (the most millionaires total), Switzerland (most per capita), North America (per continent). But whether you’re from a BRIC or an Old Money nation, a million bucks isn’t what it used to be. Thanks to global inflation, it's now worth a mere $455,000 in 1983 dollars. So has being a millionaire lost its cachet? That’s rich. “The word is fixed in the popular imagination,” says sociologist Leonard Beeghley. “It’s still what people aspire to. Perception hasn’t caught up with economic reality.” —Jeremy Berlin millonarios%2Bdel%2Bmundo.jpg SHOW ME THE MONEY In 2007, the world's 10.1 million millionaires were worth $40.7 trillion. These are the nations with the most millionaires per capita: 1 Switzerland (2.7% of population) 2 United Arab Emirates (1.8%) 3 Singapore (1.7%) 4 Norway (1.3%) 5 Japan (1.2%) 6 United States and Germany (1%) GRAPHIC: OLIVER UBERTI, NG STAFF; ZACH FERRIOLA-BRUCKENSTEIN SOURCE: CAPGEMINI/MERRILL LYNCH, WORLD WEALTH REPORT, 2008 [Nat'l Geo.] __________________ As human beings, our greatness lies not so much in being able to remake the world (that is the myth of the Atomic Age) as in being able to remake ourselves. —Mohandas K. Gandhi Last edited by Baraka_Guru; 03-11-2010 at 06:40 PM.. Reason: Merged double post.