Five Countries With the Most Multimillionaires - Galt's Gulch

Remove this ad.

4

Five Countries With the Most Multimillionaires

Posted by deleted 11 years, 6 months ago to Economics

5 comments | Share | Flag

MarketWatch's Thomas Bemis discusses the countries with the most ultra-wealthy residents, those with $30 million or more in total assets, based on data recently published by wealth research group Wealth-X and UBS.

1. United States - 65,000
2. Germany - 18,000
3. Japan - 14,000
4. U.K. - 11,000
5. China - 10,675

SOURCE URL: http://on.wsj.com/1eMJhaT

Add Comment

All Comments Hide marked as read Mark all as read

1

Posted by Rocky_Road 11 years, 6 months ago

So what?

The most adamant Objectivist in the world could easily only have $5 in his pocket....

Reply | Mark as read | Best of... | Permalink
- Comment hidden by post owner or admin, or due to low comment or member score. View Comment
- 2
  
  Posted by Maphesdus 11 years, 6 months ago
  
  I just thought it was interesting. If you don't think so, that's fine.
  
  Reply | Mark as read | Parent | Best of... | Permalink
  - 3
    
    Posted by Rozar 11 years, 6 months ago
    
    I think it's awesome, I'm glad we're still in the lead. This is good news.
    
    Reply | Mark as read | Parent | Best of... | Permalink

Comment hidden by post owner or admin, or due to low comment or member score. View Comment
1

Posted by Maphesdus 11 years, 6 months ago

Hmm, I've just done some calculating, and although it's true that the U.S. leads the hard numbers by a wide margin, the places change when you go by percentages of the population...

Nation:___________ Multi-Millionaires:________ Population:_________ Percentage:
1. Germany_______18,000_________________ 81,890,000__________ 0.0219%
2. United States___ 65,000________________ 313,900,000_________ 0.0207%
3. U.K.__________ 11,000_________________ 63,230,000___________ 0.0173%
4. Japan_________ 14,000_________________ 127,600,000_________ 0.0109%
5. China_________ 10,675_________________ 1,351,000,000_______ 0.0007%

Going by population percentage would also potentially open up the door to nations with smaller populations but a high percentage of wealthy citizens to rank on the chart.

Reply | Mark as read | Best of... | Permalink
- 1
  
  Posted by gblaze47 11 years, 6 months ago
  
  Percentages isn't the best measurement, it can be misleading. What these reports do not give and is more important IMHO is the reasons behind the wealth.
  
  Reply | Mark as read | Parent | Best of... | Permalink

Comment hidden.