Post: Countries with the Most Millionaires
06-27-2010, 07:56 PM #1
rjive
Love Big Titty Bitches
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I found this information interesting. Included some of my own ghetto analysis as well. You'll find the source to full article at the end. Smile


  1. United States of America - 4.75 million millionaires out of 300million total population.


  2. Japan - 1.23 million millionaires out of 127 million total population.


  3. China - 670k millionaires out of 1.3 BILLION total population


  4. United Kingdom - 480k millionaires out of 61 million total population


  5. Germany - 430k millionaires out of 82 million total population


  6. Italy - 300k millionaires out of 60 million total population


  7. Switzerland - 283k millionaires out of 7.8 million total population


  8. France - 280k millionaires out of 62 million total population.


  9. Taiwan - 230k millionaires out of 23 million total population


  10. Hong Kong - 205k millionaires out of 7 million total population.



What I find more interesting in the article is the amount the wealth represents of the total wealth of the country. Take the top three, US, Japan & China and let's analyze their figures a bit more.

U.S. - 56% of the total wealth of the US consists of 2% of the total population. Half of the countries tax receipts coming from only two percent of the population.

Japan - 21% of the total wealth of Japan consists of the top 1% of the total population.

China - This country seems to have the biggest divergence between total population and the wealthy. Only .0005% of the total population accounts for 50% of the country's total wealth. Those are astonishing numbers.

Finally, let's take a look at the U.K. since we have a strong population on this site from there. The U.K. has 7.95% of the population accounting for 23% of the countries wealth. This interesting data. Looking at this, the majority of the U.K. seems to be represented by the middle class however the top 8% of the wealthy are SUPER wealthy.

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The following 5 users say thank you to rjive for this useful post:

battman411, Caspa, drunkenrepublicn, Run Show, Whiskey_Whiskey
06-28-2010, 09:46 PM #29
YungAG
Banned
Nice thread this is amazing
06-28-2010, 09:56 PM #30
Originally posted by DESTRUCTINATOR View Post
Yes but the distribution of wealth is appalling in China and India, only a select few are immensely wealthy.

In China, 6 to 20 percent live under $1.25 a day, so that's 174,019,685 people living under $1.25 a day out of the total population of 1,338,612,968. In India, around 50% live under $1.25, so that's 597,262,490 people living under $1.25 a day out of of the 1,182,698,000 total population.

So you are correct


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Jomow
06-28-2010, 10:11 PM #31
oooh never knew USA had the most Millionaires Smile

GO U.S.A.!
06-28-2010, 10:23 PM #32
Jomow
Smile and wave boys
Originally posted by Ace1 View Post
oooh never knew USA had the most Millionaires Smile

GO U.S.A.!


Meh its quite obvious since USA's GDP is the highest in the world with 1/4 of the worlds wealth at 14,000,000 million USD (Thats 14 quadrillion or 14,000,000,000,000,000).

However it may come as a surprise to you that the GDP per capita (person) in the USA is 46,381 USD, which is ranked 6th. The highest is Qatar at 83,841 USD. This is because of the vast reserves of oil that Qatar holds compared to its population of 1,409,000 c2009.
06-28-2010, 10:25 PM #33
Originally posted by DESTRUCTINATOR View Post
Meh its quite obvious since USA's GDP is the highest in the world with 1/4 of the worlds wealth at 14,000,000 million USD (Thats 14 quadrillion or 14,000,000,000,000,000).

However it may come as a surprise to you that the GDP per capita (person) in the USA is 46,381 USD, which is ranked 6th. The highest is Qatar at 83,841 USD. This is because of the vast reserves of oil that Qatar holds compared to its population of 1,409,000 c2009.


oh thats cool.
06-28-2010, 10:45 PM #34
Im amazed at the china statistics...... that much money held by that small amount of people

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