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A million more people join the ranks of the global super-rich
One third of the new wealthiest are from Asia, according to Royal Bank of Canada research. A million more people joined the ranks of the global super-rich last year, almost a third of them in Asia, as soaring stock markets helped bolster the fortunes of wealthy investors. The number of "high net worth individuals" climbed by 10% in 2012, taking the total worldwide to 12m, according to research by Royal Bank of Canada and consultancy Capgemini. Between them, these twelve million people owned assets worth $46.2tn (£29.5tn) – more than three times the entire annual output from the US economy, and a 10% increase ... (full story)
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- Ill-b-back
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When the facts change I change my mind, what do you do sir
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