But ain’t we got fun…

Where the millionaires are now

 

The number of world millionaire households — those with assets of $1 million or more — grew by 14% in 2006 to 9.6 million. These represent the richest 0.7% of all households and own $33.2 trillion, or about a third of the world’s wealth, according to a study by Boston Consulting Group.

Millionaire households: The top 5 countries

Country

Millionaire households

Population

Change (2005/2006)

Growth rank

United States

4,585,000

301,139,947

10%

13

Japan

830,000

127,433,494

6%

15

Britain

610,000

60,776,238

30%

4

Germany

350,000

82,400,996

21%

10

China

310,000

1,321,851,888

39%

1

Some see a darker side to all this new wealth. "What these numbers disguise is the globalization of inequality everywhere in the world," says Charles Derber, professor of sociology at Boston College and author of "Corporation Nation." "This is the phenomenon of the rich getting richer. And it’s not a phenomenon to be happy about — that’s my reaction."

 
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