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Here's where most millionaires are minted

Russia, Brazil, Canada saw big jumps in their populations of HNI investors last year

Suzanne Woolley 

The rich are, predictably, getting richer. Both the number of people with investable assets of at least $1 million in US dollars and the total wealth that represents are expanding around the globe, according to World Wealth Report 2017 from Capgemini. By 2025, the consulting and technology services company predicts, assets held by high-net-worth investors will exceed $100 trillion, up from $63.5 trillion in 2016. Sadly, even the very wealthy suffer from income inequality. While the ranks of the millionaire next door, with $1 million to $5 million in investable assets, increased ...

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First Published: Thu, September 28 2017. 22:38 IST