Netherlands has 108,000 millionaires

20th June 2006, Comments 0 comments

20 June 2006, AMSTERDAM —The number of millionaires in the Netherlands rose by 5.3 percent to 108,000 last year, according to a report by Merchant bank Merrill Lynch and consultants Cap Gemini.

20 June 2006

AMSTERDAM —The number of millionaires in the Netherlands rose by 5.3 percent to 108,000 last year, according to a report by Merchant bank Merrill Lynch and consultants Cap Gemini.

This was stronger growth than the year before, when there was a 2.3 rise in the number of millionaires compared with 2003.

Yet the Netherlands is still behind the worldwide average increase of 6.7 percent to 8.7 million. The study defined wealthy individuals as people worth capital of at least USD 1 million, exclusive of their home and other expensive items.

For the first time in three years the increase in the number of millionaires in the US in 2005 was less than the year before — 6.9 percent compared with 9.7 percent in 2004. The US still has the most millionaires, 2.9 million.

The growing economic powers of Brazil, Russia and India all figured in the list of the top 10 with the strongest millionaire growth. The only major upcoming economic force not represented was China. 

[Copyright Expatica News + ANP 2006]

Subject: Dutch news

0 Comments To This Article