Financial crisis? Rich get richer
“The rich grew richer last year, even as the world endured the worst recession in decades.
“A stock market rebound helped the world's ranks of millionaires climb 17 percent to 10 million, while their collective wealth surged 19 percent to $US 39 trillion, nearly recouping losses from the financial crisis, according to the latest Merrill Lynch-Capgemini world wealth report.
“In North America, the ranks of the rich rose 17 percent and their wealth grew 18 percent to $US 10.7 trillion.”
— June 23 Reuters article.
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