Tuesday, April 22, 2014

Millionaires versus poor

Millionaires versus poor

According to consultancy firm WealthInsight, the number of high net worth individuals (with assets of $1 million U.S. or more) in Canada grew to 422,000 in 2012, accounting for about 1.2 per cent of the population.

The U.S. was in first place, with 5.2 million millionaires compared to Canada’s 422,000.

According to  the Luxembourg Income Study Database a family at the 20th percentile of the income distribution in the U.S. makes significantly less money than a similar family in Canada, Sweden, Norway, Finland or the Netherlands.
There are  60,900 millionaires  in Sweden.
There are 54,810 dollar-millionaires in Norway.
Statistics show there are 45000 millionaires in Finland.
The Netherlands had 152 millionaire households at the end of 2011.

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