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China produces fewer millionaires as economy slows: Survey

Last Updated: Thursday, August 15, 2013, 19:21

China's millionaires, a symbol of the country's growing wealth, increased at their slowest rate in five years in 2012 as the economy and stock market stumbled, a survey showed.

Qatar has highest density of millionaires: Study

Last Updated: Monday, June 10, 2013, 13:43

Qatar has the highest density of millionaires in the world, with 14.3 percent of the oil-rich Gulf nation's population holding private wealth of at least USD 1 million, according to a report.

Many multi-millionaires to contest polls in Karnataka

Last Updated: Wednesday, April 17, 2013, 12:06

The much-awaited assembly elections in Karnataka will see several multi-millionaire candidates from political parties, including the ruling BJP, Congress and JD-S, contesting against each other in the upcoming polls.

The US has 9 million millionaires!

Last Updated: Saturday, March 16, 2013, 20:13

A study has found that almost 9 million households in the United States are members of the millionaires club of the country, which has grown since 2008 following the recession.

India to see 242,000 millionaires by 2017: Credit Suisse

Last Updated: Sunday, October 14, 2012, 13:57

According to a Credit Suisse Research Institute's Global Wealth Report, the number of millionaires in the country in 2012 stands at 158,000, which is likely to swell to 242,000 by the year 2017, registering an increase of 53 percent.

Number of millionaires may rise to 84,000 in India by 2017

Last Updated: Wednesday, October 10, 2012, 21:51

"India is likely to see a substantial jump of 53 percent in the number of millionaires to 84,000 by 2017," Credit Suisse Research Institute's Global Wealth Report said.

Wealth of China's super rich declines due to slowdown

Last Updated: Sunday, October 7, 2012, 15:23

According to the Hurun Rich List, China has 251 people worth USD one billion or more, 20 fewer than last year.

India's millionaires' number shrunk 18% in 2011

Last Updated: Wednesday, September 19, 2012, 14:55

Asia-Pacific had more number of super-rich than any other region for the first time last year, but the Richie-rich population in India witnessed a decline of 18 percent amid sagging economic situation, says a survey.

China's millionaire number crosses million mark

Last Updated: Wednesday, August 1, 2012, 14:51

The number of millionaires in China crossed a million mark for the first in the Communist nation, putting it in the elite club of the wealthy nations like US and Japan.

Millionaire households grow in China

Last Updated: Tuesday, June 5, 2012, 15:29

Ranking third on the worldwide list of millionaire households, the number of millionaires in China grew to 1.4 million last year, up 15.6 percent year-on-year.

UK Cabinet members worth £70 million

Last Updated: Monday, May 28, 2012, 12:02

Two thirds of the Cabinet, 18 out of 29 ministers, are millionaires, the new Cabinet "rich list" revealed.

Half of Zurich`s foreign millionaires left after tax change

Last Updated: Saturday, March 17, 2012, 21:18

The region of Zurich, the home of Swiss banking, has lost nearly half its foreign millionaires two years after scrapping special tax breaks.