US still leads the world in no. of millionaires, but Asia is catching up fast ..
Region / Nos. / Worth ( US $)
US / 3.4 million / $ 11.6 trillion
Asia Pacific / 3.3 million / $ 10.8 trillion
Europe / 3.1 million / $ 10.2 trillion
World figures :
World / 10.9 million / $ 42.7 trillion
Pareto proposed in 1700 AD that 80% of the wealth of the world is with 20% of the people is true or not ..
The GDP of the world is just $ 52.9 trillion dollars shared by 6.79 billion people.
$42.7 trillion wealth is shared by 10.9 million people.
Something to seriously think about ..
ge..
A train of thoughts and writings on development, technology and the economy focusing on the socio-techno-economic-cultural surge of developing economies to regain and partake in leadership of the world. Written by George Easaw, member of the faculty of Business Administration of Allliance University, Bangalore, India. (This is purely an academic site, no commercial use is allowed. Photography rights lie with the respective organisations). Mention credits as needed.
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