Wednesday October 21, 2020

Growing number of millionaires in Asia-Pacific region

Asia-Pacific millionaires outnumbered those in North America for the first time last year, according to a new report.

19th June, 2012

Asia-Pacific millionaires outnumbered those in North America for the first time last year, according to a report by Capgemini SA and RBC Wealth Management.

The number of individuals in Asia-Pacific with at least $1 million in investable assets jumped 1.6 per cent to 3.37 million, helped by an increase in rich people in China, Japan, Thailand, Malaysia and Indonesia, according to the World Wealth Report.

The number of high net worth individuals in North America dropped 1.1 per...

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