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Even during these tough times, there are more millionaire households in the world than at any other time, with the growth highest in China and Europe.

The total number of millionaire households in the world (ie. those with assets of $US1 million or more) now stands at 9.6 million.

This represents only 0.7% of all households, owning $US33.2 trillion. This is a staggering one third of the world’s entire wealth which just goes to show the inequality of wealth.

Here’s the Top 10 of millionaire households, and I’ve also included the countries’ ranking for households with in excess of $US100 million (with Australia added on, given our Australian roots).

No. 1: USA

Total millionaire households: 4,585,000

Total population: 301,139,947
Total $100 million+ households: 2,300 (rank: 1)

Bill & Melinda Gates, and Warren Buffet

No. 2: Japan

Total millionaire households: 830,000
Total population: 127,433,494
Total $100 million+ households: 1,300 (rank: 2)

Softbank President Masayoshi Son with Actress Ava Ueto

No. 3: Britain

Total millionaire households: 610,000
Total population: 60,776,238
Total $100 million+ households: 810 (rank: 3)

Virgin Group founder, Sir Richard Branson

No. 4: Germany

Total millionaire households: 350,000
Total population: 82,400,996
Total $100 million+ households: 620

No. 5: China

Total millionaire households: 310,000
Total population: 1,321,851,888
Total $100 million+ households: 180 (rank: 13)

No. 6: Italy

Total millionaire households: 270,000
Total population: 58,147,733
Total $100 million+ households: 530 (rank: 5)

No. 7: France

Total millionaire households: 265,000
Total population: 63,713,926
Total $100 million+ households: 260 (rank: 9)

No. 8: Taiwan

Total millionaire households: 220,000
Total population: 22,858,872
Total $100 million+ households: unknown

No. 9: Switzerland

Total millionaire households: 205,000
Total population: 7,554,661
Total $100 million+ households: 300 (rank:8)

No. 10: Brazil

Total millionaire households: 190,000
Total population: 190,010,647
Total $100 million+ households: 210 (rank: 10)

No. 13: Australia

Total millionaire households: 135,000
Total population: 20,434,176
Total $100 million+ households: 150 (rank: 14)

PBL Chairman, James Packer

Simon Turner

FYI: Read related articles on The World’s Most Expensive…; Luxury Homes; and Warren Buffet

More information: Figures taken from a study by Boston Consulting Group

Australia has topped an index of the world’s most prosperous nations, with economic stability and high quality of life putting it over the edge.

The index, produced by Dubai-based investment group Legatum, measured 104 nations against levels of wealth, quality of life, and life satisfaction.

Australia tops the list, with Austria and Finland rounding out the top three. Legatum claims Australia reached first place in part due to its strong economic performance.

“(Australia) has reinvented itself as a wealthy, service-oriented economy with good scores on live-ability indicators, including health, charitable giving and effective governance,” the group says.

“Strong norms or civic participation, robust health, and plenty of leisure time contribute to the high live-ability ranking.”

Australia ranks highly in good governance, education, high incomes and active community culture, but ranks lower in avoiding dependency on exports, moderate climate and investment through competitive markets.

Germany, the United States and Singapore all ranked in the top 10, but Mali, Zambia and Yemen were dropped to the very bottom of the list. The new for Australians and those that are aware of just how good it is to be part of the great nation is confirmation of what we have all known for many years.

Michael Marquette


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