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Number of millionaires globally will grow by 40% in the next five years

by AIP Online Bureau | Sep 20, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

According to Credit Suisse Group AG’s Global Wealth Report, the number of global millionaires will exceed 87 million in 2026, i.e. a rise of 25 million from 2021.The US tops the world millionaire table, still far ahead of China in second place. While India is home to...

Dollar millionaires in India rise 11% in pandemic-hit 2021: Survey

by AIP Online Bureau | Feb 18, 2022 | Indian News, Wealth Management/ Philanthropy

The survey of 350 such dollar millionaires also indicated that the number of those who classify themselves as happy in personal and professional lives slipped to 66 per cent in 2021, down from 72 per cent in the previous year. The report estimated the number of Indian...

Millionaires group calls for wealth tax at virtual Davos

by AIP Online Bureau | Jan 19, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

According to a study conducted by the Patriotic Millionaires together with Oxfam and other non-profits, a progressive wealth tax starting at 2% for those with more than $5 million and rising to 5% for billionaires could raise $2.52 trillion, enough globally to lift...

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