Where millionaires live?

Despite problems at home, US remains No.1 in term of No. of households with networths over US$1 million, according to a report by DPA.

Quoting the survey of Boston Consulting Group, DPA reported that North America remains the most wealthy region in the world

No. of wealthy households

2012 2011

Worldwide 13,829 (12,584)

1. US 5,876 (5,419)

2. Japan 1,460 (1,391)

3. China 1,304 (1,039)

4. Britain 509 (463)

5. Switzerland 395 (344)

6. Canada 373 (342)

7. Germany 362 (331)

8. Taiwan 312 (297)

9. Italy 274 (272)

10. France 256 (229)

Wealth by region (% increase from 2011)

Worldwide 135.5 trillion dollars (7.8 per cent)

1. North America 43.3 trillion dollars (7.8 per cent)

2. Western Europe 35.8 trillion dollars (5.2 per cent)

3. Asis (excluding Japan) 28 trillion dollars (13.8 per cent)

4. Japan 17.2 trillion dollars (2.4 per cent)

5. Middle East and Africa 4.8 trillion dollars (9.1 per cent)

6. Latin America 3.9 trillion dollars (10.5 per cent)

7. Eastern Europe 2.3 trillion dollars (13.2 per cent)