Tuesday, June 22, 2010

World's rich got richer amid '09 recession

Follow the money to see who capitalizes from currency devaluation. While you don't have to be rich to make money, you certainly need to think rich to make it.

The rich grew richer last year, even as the world endured the worst recession in decades.

A stock market rebound helped the world's ranks of millionaires climb 17 percent to 10 million, while their collective wealth surged 19 percent to $39 trillion, nearly recouping losses from the financial crisis, according to the latest Merrill Lynch-Capgemini world wealth report.


Source: finance.yahoo.com

0 comments:

Post a Comment