Number of millionaires in Israel grows by 42%

Started by CrackSmokeRepublican, June 27, 2010, 02:08:58 AM

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CrackSmokeRepublican

Explains a lot. Sucking off the US Taxpayer of course...  :x

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Number of millionaires in Israel grows by 42%
By: YNET on: 26.06.2010 [17:04 ] (91 reads)
   

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Israel home to 8,419 millionaires according to Merrill Lynch Capgemini World Wealth Report

The number of millionaires in Israel increased last year by 42.7%, from 5,900 in 2008 to 8,419 in 2009, according to the 14th Merrill Lynch Capgemini World Wealth Report released Tuesday.

According to the report, the number of millionaires in the world rose in 2009 by 17.1%, to some 10 million, despite the economic downturn. Israel takes third place in the increase of millionaires after Hong Kong and India, where the number of millionaires grew by 104% and 50.9% respectively.

The report defines a millionaire as anyone with at least $1 million in liquid funds, not including invested capital, and after all debts are deducted. In 2009, the world's millionaires held a total of $39 trillion – an increase of 18.9% compared to the previous year.

The number of multimillionaires (who have at least $30 million) grew by 15.4%, to some 90,000. The total wealth held by these multimillionaires grew last year by 21.5%.

http://www.israel-palestinenews.org/201 ... grows.html
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan