BRIC Countries: Super Rich Worth $4.125 TrillionApril 29, 2011 5:25 am
We spotted this stat today:
“The BRIC ultrarich have a combined net worth of $4.125 trillion, compared to $6.4 trillion for the U.S.
What is most interesting about the BRIC data is the concentration of wealth at the very top of the wealth pyramid. In Russia, the nation’s 80 billionaires account for 7% of the total population of people with a net worth of $30 million or more, but they own 84% of that group’s $640 billion in wealth.
In Brazil, the nation’s 50 billionaires account for less than 1% of the ultrarich population but a third of the group’s $890 billion in wealth. India’s 115 billionaires represent 1.4% of the total ultrarich population and 20% of the group’s wealth of $945 billion.
China’s billionaires account for 1% of the ultrarich and about a third of their wealth of $1.65 trillion.”
Statistics Source: WSJ