Tuesday, June 24, 2008

One thousand new millionaires in Israel

"The World Wealth Report defines a millionaire as a person with at least $1 million in liquid assets, excluding capital invested in assets and after deducting liabilities. The average wealth of the millionaires worldwide is $4 million.

Israel had 1,000 new millionaires in 2007, according to the Merrill Lynch and Capgemini 2008 "World Wealth Report", bringing the number to 8,200, 13.6% more than a year earlier. The aggregate wealth of the millionaires was $38.5 billion, 10% more than in 2006."
Globes - One thousand new millionaires in Israel.