Sep 26, 2012

Occupy Asia – there are more millionaires in East Asia than North America

By Steven Mandzik

There are now more rich people in East Asia than in North America. Both have around 3 million millionaires and there are 11 million worldwide.

But don’t forget about the little countries. Japan still has three times as many millionaires as China.

 

millionaires high net worth rich wealthy asia east pacific japan china australia south korea Occupy Asia there are more millionaires in East Asia than North America

Millionaires in Asia Pacific. (source : Quartz)

 

And, if the rest of Asia were to unite they would outnumber China too. Perhaps, a strategic partnership could counter-balance the Rising Tiger.

Looking at the rest of the world, North America still has more money and really rich people – more billionaires than anyone lese. Europe is solidly in third place, while the Middle East is tied with Latin America. But only tied in terms of people, not overall wealth. I guess Latin Americans can buy bigger boats than Middle Easterners.

 

global high net worth people trillions of dollars millionaires north america europe asia latin america Occupy Asia there are more millionaires in East Asia than North America

source: capgemini

 

Sources: Quartz – CapGemini

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