Asia Pacific millionaires get richer

DESPITE the downturn, the combined wealth of millionaires in the Asia Pacific region rose 12.5% last year to a staggering $US9.5 trillion (K24.19 trillion, $A11.3 trillion) driven by demand for commodities, according to a new report by Merrill Lynch and Capgemini.

Asia Pacific millionaires get richer Asia Pacific millionaires get richer Asia Pacific millionaires get richer Asia Pacific millionaires get richer Asia Pacific millionaires get richer

The third annual Asia Pacific Wealth Report examined the wealth of high net worth individuals living in Australia, China, Hong Kong, India, Indonesia, Japan, Singapore, South Korea and Taiwan.

loader
  • NEW: Digital version of PNG Report magazine - View here
  • Porgera: Barrick-PNG talks go on - Read more
  • Follow the companies investing in the PNG market - Read more