Latest stats on Brazilian millionaires

The Latin America Private Banking conference brought  attention to the wealthier individuals in the region and Brazil is the beetle. Forbes highlighted that Brazil makes “19-millionaires-a-day” and the country is seen as a huge opportunity for private banks, although 70% of the country’s wealth is concentrated in Sao Paulo and Rio de Janeiro. Statistic was measured by taking all ofContinue reading “Latest stats on Brazilian millionaires”

Brazilian millionaires

Brazil has 127k families with net worth above US$1mn, according to Boston Consulting Group research just made public recently. This means that Brazil is 17th in the ranking of countries with the most millionaires. The US ranks 1st  with 4.1mn households, Japan comes in 2nd, and China, 3rd. India and Brazil, together with China, are the only emerging markets on the 20-countryContinue reading “Brazilian millionaires”