Thursday, June 28, 2012

Millionaires

  • North American millionaires, youre no longer at the top of the heap.
  • (Atlantic Online)
  • Asia-Pacific millionaires outnumbered those in North America for the first time last year as the worlds wealthy saw a decline in their fortunes, according to a report by Capgemini SA (CAP) and RBC Wealth Management.
  • (Yahoo Finance)
  • Thousands of rent-controlled tenants in Mumbai paying $20 a month, and often less, are being turned into millionaires by developers tearing down crumbling colonial mansions to build luxury towers for the rich.
  • (Bloomberg)
  • JDL Strategies, one of Australia's top wealth strategists, once again leads hundreds of Aussies through tax season this year.
  • (YAHOO!)
  • NEW YORK (Reuters) - Weakening economies that roiled markets last year also took their toll on the worlds rich, though faster-growing Asia for the first time had more millionaires than North America, according to a study released on Tuesday.
  • (Reuters)
  • The fact that millionaires are stuck in a funk might seem like a bad sign for markets and especially for the luxury economy. A new survey from Spectrem Group shows that millionaire investor sentiment is at a five-month low.
  • (Yahoo Finance)
  • New Jerseys state Senate Budget Committee has approved an additional tax on income over $1 million to go toward tax cuts for lower-income homeowners.
  • (Atlantic City Press)
  • HONG KONG — Asia's millionaires outnumbered North America's for the first time last year even as the world's wealthy saw their fortunes decline amid turbulent financial markets, a new survey says. The Asia-Pacific region was home to 3.
  • (Washington Post)
  • Here's another reminder that this is the Asian century. There are now more millionaires there than in North America, according to the latest World Wealth Report. Given the size of China's population and a 9.
  • (Financial Times)
  • TALLAHASSEE -- Florida lawmakers like to say that they're just like the rest of us.
  • (Miami Herald)

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