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April 26, 2015 / 7 Iyar, 5775
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Israel Ranks 10th in Number of Millionaires per Capita

Israel is the home to 84,000 millionaires, putting it in 10th place in the world’s ranking of the number of millionaires as a percentage of the number of households, according to The Boston Consulting Group, in its report “Maintaining Momentum in a Complex World: Global Wealth 2013.”

In percentage term, there is a millionaire in one of every 92 households

“Israel had about 84,000 millionaire households in 2012, and there are plenty of thriving businesses here to keep them afloat, from booming technology companies to exploiters of natural gas fields,” according to the report.

It noted that Israel is a large exporter of diamonds and agricultural products.

The Boston Consulting Group reported that global household wealth grew by 7.8% in 2012, to $135.5 trillion, double the 3.6% growth in 2011 in the aftermath of the financial crisis.

Qatar topped the rankings with 50,000 millionaire households, 14.3% of all households, out of a population of 2 million. It was followed by Switzerland, Kuwait, Hong Kong, and Singapore

The United States, with 5.87 million millionaire households, has the largest number of such households, amounting to 4.9% of all households.

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4 Responses to “Israel Ranks 10th in Number of Millionaires per Capita”

  1. Myriam Obadia says:

    That's not something to bring us pride when we're also the developed country with the greatest proportion of people in utter poverty. Maybe we could do better with fewer of both and remember that even dismal Henry Ford thought that the highest income shouldn't be more than 10 times the lowest one.

  2. Myriam Obadia says:

    That's not something to bring us pride when we're also the developed country with the greatest proportion of people in utter poverty. Maybe we could do better with fewer of both and remember that even dismal Henry Ford thought that the highest income shouldn't be more than 10 times the lowest one.

  3. Myriam Obadia says:

    That's not something to bring us pride when we're also the developed country with the greatest proportion of people in utter poverty. Maybe we could do better with fewer of both and remember that even dismal Henry Ford thought that the highest income shouldn't be more than 10 times the lowest one.

  4. Myriam Obadia says:

    That's not something to bring us pride when we're also the developed country with the greatest proportion of people in utter poverty. Maybe we could do better with fewer of both and remember that even dismal Henry Ford thought that the highest income shouldn't be more than 10 times the lowest one.

Comments are closed.

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