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Russia nonetheless dwelling to tremendous wealthy examine

The nation has greater than 400 individuals with over $100 million, surpassing France and Italy

Russia ranks tenth on the listing of nations with the biggest variety of centimillionaires, or individuals whose fortunes are value $100 million and extra, RBK news reported on Wednesday citing a joint examine by London-based consulting agency Henley & Partners and international wealth intelligence company New World Wealth.

According to the examine, there are 25,490 centimillionaires on this planet. They are primarily house owners of technological and multinational corporations, financiers and heirs to fortunes. Their quantity has greater than doubled previously 20 years.

The US is dwelling to the biggest quantity – 9,730 individuals or 38% of the full. China and India are available second and third, with 2,021 and 1,132, respectively. The UK follows in fourth place with 968 people, and Germany closes up the top-five with 966.

Switzerland (808), Japan (765), Canada (541) and Australia (463) additionally made it to the top-10, with Russia mentioning the rear with 435 super-rich residents.

Other main economies, for instance, France (380) and Italy (298), are behind Russia within the variety of centimillionaires.

Researchers forecast that the variety of super-rich individuals will develop quickly in Asia and Africa within the coming years, permitting them to overhaul the US and Europe by 2032. The authors behind the examine additionally predict that Vietnam and India will present the quickest progress within the numbers of individuals with wealth of greater than $100 million within the subsequent decade.

READ MORE: Russia’s richest man unveils worker share-ownership scheme

The island state of Mauritius, which has reportedly grow to be a preferred vacation spot for millionaires, may even see a 75% enhance within the variety of super-rich residents by 2032. Prospects additionally seem like good for 3 African nations, Rwanda, Uganda, and Kenya, the place the quantity is projected to rise by over 55%.

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(RT.com)

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