The number of high net-worth individuals in the US and parts of Asia continued to soar as their counterparts in Europe lagged behind, according to the eighth annual world wealth report from Cap Gemini and Merrill Lynch.
The ranks of millionaires in the US rose by 14% to 2.27m last year while millionaire row in India jumped by 22% to 61,000 and in China by 12% to 236,000.