The Boston Consulting Group published its annual global wealth report last week. Many news outlets around the world quickly highlighted local aspects of the report:
- Russia Briefing discussed why Russia has very few millionaires, despite having a large number of billionaires.
- ArabianBusiness highlighted the report’s finding that “Saudi Arabia has more super-rich households worth more than $100m than anywhere else in the world.”
- The Wall Street Journal’s Scene Asia blog described Singapore as “the place to meet a millionaire,” since the country has, according to the BCG report, “the highest concentration of millionaire households in the world, with 16% of all households boasting at least $1 million in assets.”
Zoopla released its 2011 Property Rich List, featuring England’s most expensive homes.
The Wall Street Journal ran a feature, “Swiss Region’s Boom Breeds Discontent” (subscription required), on how the cost of living in the Swiss canton of Zug has gone through the roof due to low taxes and a resulting influx of corporate offices.
At the French Open on Saturday, Li Na became the first Chinese woman to win a tennis Grand Slam trophy. She donated her earnings from last year’s Madrid Open to support earthquake victims in China’s Yushu province and went on to make additional earthquake-related charitable donations in July and December 2010.