A new report from Credit Suisse detailing global wealth indicates that the US leads the world with 62,800 residents whose wealth exceeds $50 million. This compares to 7,600 Chinese, 5,500 Germans, and 4,700 residents of the UK. Gaining fast is India with 1,800 uber-millionaires.
At long last, we now have a working definition of “Super Rich”. Anyone with assets under $50 million is still outside the charmed circle.