AllGov - 12 July 2010 Wealth accumulation among the richest North Americans (excluding Mexico) grew in 2009, with millionaires in the U.S. and Canada enjoying a 15% increase in their total worth. Collectively, these millionaires possessed $4.6 trillion, according to a report from the Boston Consulting Group. The analysis found there were 11 million millionaires worldwide last year (or less than 1% of all households) who owned 38% of the world’s wealth (or $111 trillion). In 2008, they controlled only 36%. It is estimated that 4.7 million millionaires live in the U.S., representing 4% of the nation's population. The U.S. has more millionaires than any other country in the world, followed by Japan, China, the United Kingdom and Germany. The report also noted that women control 27% of the world’s wealth. Source: AllGov
Countries with the Most Millionaires 2010 1. United States of America a) 2009 number of millionaire households: 4,715,000 b) Percentage increase: 15.1 percent 2. Japan a) 2009 number of millionaire households: 1,230,000 b) Percentage increase: 5.9 percent 3. China a) 2009 number of millionaire households: 670,000 b) Percentage increase: 30.7 percent 4. United Kingdom a) 2009 number of millionaire households: 485,000 b) Percentage increase: 11.5 percent 5. Germany a) 2009 number of millionaire households: 430,000 b) Percentage increase: 23.1 percent 6. Italy a) 2009 number of millionaire households: 300,000 b) Percentage increase: 7.6 percent 7. Switzerland a) 2009 number of millionaire households: 283,000 b) Percentage increase: 8.4 percent 8. France a) 2009 number of millionaire households: 280,000 b) Percentage increase: 11.2 percent 9. Taiwan a) 2009 number of millionaire households: 230,000 b) Percentage increase: 21.1 percent 10. Hong Kong a) 2009 number of millionaire households: 205,000 b) Percentage increase: 16.2 percent Source: Bloomberg Businessweek
Countries with the Most Billionaires 2010 1. United States of America - 403 billionaires 2. China - 64 billionaires 3. Russia - 62 billionaires 4. Germany - 53 billionaires 5. India - 49 billionaires 6. United Kingdom - 29 billionaires 7. Turkey - 28 billionaires 8. Hong Kong - 25 billionaires 9. Canada - 24 billionaires 10. Japan - 22 billionaires Source: Forbes Magazine
