Asia’s Wealthy Outnumber North America’s For The First Time

“The Asia-Pacific region is now home to 3.37 million high net worth individuals – people with $1 million or more to invest – compared with 3.35 million in North America and 3.17 million in Europe, according to a new report from Pacific, Capgemini and RBC Wealth Management.  According to the report, the Asian wealthy are 54 percent concentrated in Japan, with almost 17 percent in China and more than 5 percent in Australia.”

http://www.economicpolicyjournal.com/2012/09/asias-wealthy-outnumber-north-americas.html

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