millionaire

How Sergey Brin and Larry Page have come to be millionaires: a new feature film!

August 20, 2010 - 5:23am | News | Other themes

Groundswell Productions and producer John Morris bought the movie rights to Ken Auletta’s 2009 book Googled: The End of the World As We Know It, according to Hollywood.com. They will use the book as the blueprint for a feature film that tells the story of Google founders Sergey Brin and Larry Page and the fast rise of the juggernaut web business that made them billionaires.

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World banks in a race for Chinese wealth of $7.6 trillion

November 19, 2009 - 6:57am | Analytics | News

The number of U.S.-dollar millionaires in China is expected to nearly double in five years, luring private bankers eager to help them invest an expected combined wealth over $7.6 trillion by 2013, Boston Consulting Group (BCG) said on Thursday.

Global wealth declined last year for the first time since 2001, the consultancy said, but the number of Chinese individuals with household financial wealth of more than $1 million may grow to 788,000 by 2013 from 417,000 in 2008.

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Less wealth, less money, less rich folks… the world is poorer now

September 15, 2009 - 7:30am | Figures | News

According to a recent report by Boston Consulting Group global financial crisis resulted in a substantial decrease in assets under management in nearly a decade. The study showed that wealth dropped 11.7% to $92.4 trillion.

The report reveals that it will take about six years to return to $108.5 trillion, a 2007 level of wealth.

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America lost 27% of its millionaires last year

March 12, 2009 - 7:36am | Figures | News

A new report released on Wednesday revealed that a number of millionaires in America was significantly reduced in light of the severed crisis environment. The report from market research firm Spectrem Group shows that American households with a net worth of $1 million or more, excluding the value of their primary residence, accounted for 6.7 million in 2008 which is a 27% drop from an all-time high of 9.2 million the year before.

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