The rich grew richer last year, even as the world endured the worst recession in decades. A stock market rebound helped the worlds ranks of millionaires climb 17 percent to 10 million, while their collective wealth surged 19 percent to $39 trillion, nearly recouping losses from the financial crisis, according to the latest Merrill Lynch-Capgemini world wealth report. Stock values rose by half, while hedge funds recovered most of their 2008 losses, in a year marked by government stimulus spending and central bank easing. We are already seeing distinct signs of recovery and, in some areas, a complete return to 2007 levels of wealth and growth, Bank of America Corp wealth management chief Sallie Krawcheck said. The fastest growth in wealth took place in India, China and Brazil, some of the hardest hit markets in 2008. Wealth in Latin America and the Asia-Pacific soared to record highs. Asias millionaire ranks rose to 3 million, matching Europe for the first time, paced by a 4.5 percent economic expansion. Asian millionaires combined wealth surged 31 percent to $9.7 trillion, surpassing Europes $9.5 trillion. In North America, the ranks of the rich rose 17 percent and their wealth grew 18 percent to $10.7 trillion. The United States was home to the most millionaires in 2009 2.87 million followed by Japan with 1.65 million, Germany with 861,000, and China with 477,000. Switzerland had the highest concentration of millionaires: nearly 35 for every 1,000 adults. Yet as portfolios bounced back, investors remained wary after a collapse that erased a decade of stock gains, fueled a contraction in the global economy and sent unemployment soaring. The report, based on surveys with more than 1,100 wealthy investors with 23 firms, found that the rich were well served by holding a broad range of investments, including commodities and real estate.
Should Euthanasia Be Legalized?
复习(Review)
选择朋友(choosing friends)
我的祖父母(My Grandparents)
Should Euthanasia Be Legalized?,Should Euthanasia Be Legali
A Boom in Adult education
编写一段题为“Giving a Gift”的对话
关于在五一的日记
向人们介绍本校的情况
国庆节作文:A Wonderful Traveling
夏天讲卫生方法(sanitary ways in summer)
“神州五号”载人宇宙飞船
我对汶川地震的看法(My views on Wenchuan earthquake)
校园春色(Spring in Our School)
幸福秘诀(Happy tips)
全国高考英语作文题目
论安全(On Safety)
足球迷(A Football Fan)
英语作文的结尾方式示例
Early rising早起
Large Companies and Small Companies
知识与经验(Knowledge or Experience)
家乡的变化(Great Changes in My Hometown)
今天的经历(Today's experience)
导游介绍我市情况
你喜欢哪种方式的旅行?(Which Mode of Travel Do You like?)
我繁忙的学习生活(My busy study life)
我的新同桌(My New Deskmate)
为丁香花季节而歌唱(Lilac flower season for singing)
My Chinese Teacher
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