Widgetized Section

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

Centa-millionaires are everywhere

Centa-Millionaires reach new peak

The last couple of year´s of financial crisis and the European debt crisis seems to have left the rich of the world unaffected. In it´s latest report, Citibank uncovers some new interesting statistics regarding the world´s centa-millionaires. It seems like the group of people who are worth more than $ 100 million is expanding globally at a very fast pace. During the last five years their numbers have grown by a whopping 29 %, and their combined total net asset values are a respectable $ 39 900 billion. The average net asset value of an individual from this group is in the neighbourhood of $ 617 million.

In China the symbol for crisis is basically the same as the symbol for opportunity. And considering that the world has had a number of years where the world economy has been in a contionuous crisis, the opportunities have been abundant for those shrewd enough to exploit them. It seems Asia, and CHina in particular, have been able to do just that. During the last 5 years the number of centa-millionaires have grown by 8 000 people in South-East Asia, making the total for this expansive region 18 000 individuals. Western Europe sports 14 000 centa-millionaires and the US has 17 000 members in this exclusive club, and most analysts believe that the gap between the asian region and the rest of the world will widen considerably over the next 5 years. The economical tide of the world is shifting, the trend is clear; asian countries will control a larger part of the world´s wealth and resources in the future and the number of centa-millionaires will grow by another 37 % in the coming five years, and this exclusive club will reach a breathtaking 86 000 individuals by the year of 2016.

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>