India Ranks 15th In The World With 1.75 Lakh Millionaire Households
Japan, however, has seen the downside with the numbers. It recorded a drop to about 1.2 million in 2013 from the earlier 1.5 million from 2012. The reason behind is expected to be the falling prices of yen against the dollar.
"As the debate over the global polarization of wealth rages on, one thing is certain: more people are becoming wealthy," the report said.
Region wise, North America at $ 50.3 trillion, Western Europe at $ 37.9 trillion remained the top two wealthiest regions in the world, close on the heels is the Asia-Pacific region at $ 37 trillion.
China, India and Indonesia have seen a steady increase due to the strong GDP growth over the past five years, says the report. The U.S. has recorded almost double the wealth held privately, from 10.7 trillion in 2012 to 19.3 trillion in 2013.
Qatar meanwhile has the highest density of millionaire households–175 out of every 1000 households, followed by Switzerland with 127 and Singapore with 100 households.
Globally, the amount of wealth held privately rose by $ 19.3 trillion in 2013, nearly twice the increase of $ 10.7 trillion seen in 2012.
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