Merrill wealth survey sees Asians getting richer

But for high net worth individuals reading this article, you should realise you are now only one among a population of 2.4 million others in Asia.

In its annual survey, conducted with CapGemini, Merrill Lynch has revealed that Asia-PacificÆs population of high net worth individuals HNWI rose to 2.4 million in 2005. This represented an increase of 7.3% over 2004 and saw Asian HNWI wealth grow 8% to $7.6 trillion.

A HNWI individual is defined as someone with more than $1 million in liquid assets û ie excluding their primary residence.

Asia is the fastest growing market for HNWI, according to MerrillÆs survey. Asian...

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