In managing their wealth, many high net worth individuals (HNWIs) seek to achieve more than monetary returns. Making a positive impact on society through thoughtful investments of time, money, or expertise also ranks highly, and the numbers are overwhelming: drivingRead more…
How many people around the world can be called a millionaire?
1.A person has millionaire status if he or she has investable financial assets — not counting primary residence — in excess of $1 million. 2.There were 13.73 million millionaires worldwide in 2013, up from 11.97 million in 2012. 3.The cumulativeRead more…
World Wealth Report 2014 and Asia Pacific Wealth Report 2014
The World Wealth Report is the benchmark for tracking High Net Worth Individuals (HNWIs), their wealth, and the global and economic conditions that drive change in the wealth management industry. The 2014 report covers 71 countries in the market-sizing model,Read more…
The World’s Millionaire Stock Is on the Rise: The world’s “millionaire club” grew faster than most economies in 2013.
1.Altogether, there were 13.73 million millionaires in the world in 2013, compared to 11.97 million in 2012. 2.The number of millionaires worldwide rose by 14.7% between 2012 and 2013, about five times the estimated 2.9% rate of global economic growth.Read more…