Israel boasted 10,153 millionaires in 2010, according to a new Merrill Lynch-Capgemini 2011 World Wealth Report.
The annual survey showed that the number of Israeli millionaires rose 20.6 percent from 2009, when there were ‘just’ 8,419 millionaires. The report also found that the gross amount of capital of Israeli millionaires in 2010 rose to $52 billion, compared to the $43 billion from the previous year.
And while over 10,000 Israeli millionaires is nothing to shrug about, the ‘World Wealth Report’ said there were a whopping 10.9 million millionaires around the world in 2010.
So, who is a millionaire? According to the report, a millionaire is anyone with at least $1 million in net liquidity, not including investments, and after deducting liabilities.
Israel also has 12 billionaires with fortunes of over $1.5 billion, according to the 2011 Forbes Rich List. In 2010, Israel listed 10 billionaires on the Forbes list.
Here’s a rundown of Israel’s richest men and women in 2011:
Categories: Israel