Asia, not North America, now has most millionaires

“Millionaire wealth in the United States and Canada in 2011 fell 2.3 percent to $11.4 trillion – still the wealthiest region by this measure – though it had 1.1 percent fewer millionaires, slipping by about 39,000 to a total of 3.35 million.  Strong economic growth in China and other markets increased the ranks of millionaires across the Asia-Pacific region by 1.6 percent to a total of 3.37 million, as Asia vaulted past North America as home to the most millionaires.”

http://www.reuters.com/article/2012/06/19/us-wealth-report-capgemini-idUSBRE85I0ZF20120619

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