Thursday, June 23, 2016

Asian millionaires 'top wealth rankings'

Asian millionaires now control more wealth than those in North America, Europe and other regions, according to a report from finance firm Capgemini.

Driven by China and Japan, Asia's millionaires saw their wealth jump by 10% in 2015, the firm's World Wealth Report found.

Millionaires held nearly $60 trillion (£40 trillion) worldwide last year, four times higher than 30 years ago.

That could rise to $100 trillion by 2025, Capgemini said.

Asia's growth in high net worth individuals - defined as having $1 million in assets - came despite slowing economic growth in China and a weak Japanese economy...
 BBC
23/6/16

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