31 October 2014

Despite crisis, Ireland has 33,000 millionaires

06:26, Post Reporter

Ireland may be still in economic crisis but figures issued by Bloomberg and Boston Consulting have placed the country 14th in a global list of countries with the most millionaires per capita.

Ireland's ranking was the highest for any European country but Belgium, which had 12th place. The Netherlands was 15th.

According to the data, 2.2 per cent of Irish households rank as "millionaire households".

This is "despite the economic carnage and an unemployment rate that remains above 14 percent", the survey said.

The country's millionaire households numbered about 33,000.

The US came in seventh place with 4.3 per cent of households classed as "millionaire".

Singapore topped the poll with 17.1 per cent.