RIO DE JANEIRO, BRAZIL - Last year, 14,000 Brazilians joined the group of those possessing assets above US$1 million (R$4 million), according to the Capgemini consultancy's annual report on world wealth. As a result, the number of millionaires in Brazil grew eight percent, from 171,500 people to 185,500.
The study considers the so-called HNWIs (high net worth individuals), who have fortunes above US$1 million, excluding housing, collectibles, and consumer durables.
It is the second consecutive year of increase in the number of millionaires in Brazil.
In spite of the increase in the number . . .