Global private wealth rises…

Global private wealth rises…

A trader on a stock market floor

That’s interesting, despite the recession in the world, the number of millionaires is growing. The most significant growth of private wealth is found in Eastern Europe (by 17% to $2.7 tn) and North America (by 15.6% tp $59 tn), Middle East and LAtin America wealth rose by 11.6% and 11.1% accordingly. Overall, the total number of millionaire households in the world rose to 16.3 million in 2013, from 13.7 million in 2012. More detail is in the article by BBC.
So things are not that bad, maybe we do not have any recession/stagnation anymore? What’s your thoughts?

 

 

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