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One percent holds 39 percent of global wealth

WASHINGTON — Around one percent of households have 39 percent of the globe’s wealth according to a study published Tuesday, pointing to increased inequalities in the wake of the global downturn. The number of millionaire households across the globe increased 12 percent in 2010, according to The Boston Consulting Group…

World’s millionaire ranks seen soaring through 2020

NEW YORK (Reuters) – The rich keep getting richer, both here in the United Statesand especially in the world’s emerging markets. Public and private investments controlled by the richest families are expected to more than double in value to $202 trillion by 2020, from $92 trillion this year, according to survey of…

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