Thursday, June 23, 2016

Asian Wealth Surpasses North American

The wealthy people in Asia are now wealthier than those in North America according to the Cap Gemini World Wealth Report.  The continent's millionaires had a recorded wealth of $17.4 trillion compared to North America's $16.6 trillion.

Worry not patriotic American millionaires. There are still more millionaires here than in China. Although it's interesting to see the Chinese are making big percentage gains compared to everyone else.

The average millionaire in North America is worth $3.45 million, while their Asian counterparts are worth $3.41 million.

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