Über Rich…and Getting Richer

For Rich, ’13 Was Good for Making, and Spending, Money” – an  article in Yesterday’s New York Times, highlights the fact that the wealth of the über-rich continues to grow.

A few of the highlights:

  • The world’s club of ultrawealthy individuals, or those with $30 million or more in net assets, added about 5,000 new members last year
  • Over the last decade, the ranks of the über-rich have swelled by 59 percent, and the register of billionaires climbed 80 percent, to 1,682
  • The world’s 0.1 percenters had a pretty good year; three-quarters said their assets had increased. Only 4 percent said they wound up worth less
  • By 2023, China is expected to have 322 billionaires, more than Britain, Russia, France and Switzerland combined
  • Looking for someplace to park their wealth, the world’s rich still prefer property

READ MORE HERE:

http://www.typepad.com/services/trackback/6a00e008cafad7883401a3fccdebaa970b

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