Millionaire

A millionaire or assets millionaire is a person who owns property worth at least one million units of the local currency, so for example one million euros. The exact definition is therefore dependent on considered one currency and time. Often the currency name is the word millionaire prefixed (eg " dollar millionaire "). As a synonym for a very wealthy person's name but will generally be used only in relation to currencies whose basic unit has a similar purchasing power as the euro or the dollar. Accordingly, a multi-millionaire is a person who owns several million units of the local currency, so for example, several million euros. Be distinguished from assets millionaire income millionaire.

In Asien-/Pazifik-Raum and in North America in 2011 3.4 million people lived each with a liquid financial assets of at least one million U.S. dollars. In Europe, there were 3.2 million in Latin America and the Middle East and Africa 100,000 500,000 each. Worldwide possessed 26.742 million people a fortune 1-5 million U.S. dollars. 1.959 million possessed 5 to 10 million U.S. dollars, 987 300 over 10 to 100 million and 29,000 people in more than 100 million U.S. dollars.

Expires the value of a currency through inflation, the number of millionaires is rising accordingly. The purchasing power of a million U.S. dollars in 1960, equivalent to ( deflated), for example, 7.76 million U.S. dollars today (2012 ).

Etymology

The word comes from the French millionaire. It was created in 1719 on the occasion of the speculative bubble in the shares, which was founded by John Law Mississippi company (so-called Mississippi speculation).

World Wealth Report

An estimated number of worldwide dollar millionaires is documented since 1997 regularly on the World Wealth Report. This survey will be prepared annually by the investment bank Merrill Lynch cooperation with the consultants Capgemini. U.S. dollar millionaires is called High Net Worth Individuals ( HNWI, German high -net-worth person). In the United States, China and Japan, most millionaires live, with Singapore with 17.2 % of all households has the highest density of millionaires. The list of the super rich with a private property over $ 100 million leads to the United States.

Millionaires are divided on the World Wealth Report according to its net assets freely available in three groups:

• Low -Tier Millionaires (U.S. $ 1-5 million ) - " simple millionaires " ( " Millionaire Next Door" )
• Mid -Tier Millionaires ( U.S. $ 5-30 million ) - " medium-sized millionaires " ( " Mid Tier Millionaires " )
• High -Tier Millionaires ( > U.S. $ 30 million ) - " Super Rich " ( "Ultra High Net Worth Individuals " )

The vast majority fall into the first category: Worldwide group of millionaires holding a financial investment (ie excluding real estate owned) by an average of 3.7 million U.S. $ ( 2004).

Dollar millionaires

Criterion: person with financial assets of more than one million U.S. $, excluding owner-occupied real estate. Exact measurements are not available for the distribution of high capacity. The number of millionaires results from approximate estimates that may be significantly different depending on the source.

The U.S. $ has the role of a leading currency in international finance. For better comparability, therefore -based assets are in U.S. $ and in other countries. To be in one of the European countries to be dollar millionaire already a fortune ( exchange rate August 2010) ranges from around 780,000 euros.

Worldwide, there are according to the estimate in the World Wealth Report 2008 ( for 2007 ) is about 10.1 million (2008 ) U.S. dollar millionaires. Together they hold 10.1 million millionaires, according to the World Wealth Report, a net worth of 40.7 billion U.S. dollars ( 32.5 % of total assets world with a share of 0.15% of the world population ), which corresponds to an average assets of 3.915 million U.S. dollars per capita. For comparison, the total assets will be approximately $ 125 trillion worldwide.

The country with the most U.S. $ millionaires are according to this estimate, the United States, with 3.1 million dollar millionaires (2007). In Germany there were, according to the report, in 2009 about 861,500 U.S. dollar millionaires (2008: 809 700 ). , In Austria approximately 64,000 (2008), in Switzerland about 185 300 (2008). The consulting firm Boston Consulting Group also published a report on wealth, according to this, however, the number of U.S. $ millionaires in Germany in 2008 only 373 565.

A selection of dollar millionaires other countries results, according to the estimate in the World Wealth Report for Australia 161,000 (2006 ) for Brazil, 120,000 (2006 ), Canada 248,000 (2006), China 345,000 (2006), India 100 000 (2006 ), Russia 400,000 (2007 ), Great Britain 485,000 (2006).

The number of Ultra - HNWIs, so the people with more than U.S. $ 30 million net worth in 2007 was, according to the World Wealth Report 2008, 103,300 people worldwide, of which 2100 in Africa, 4400 in the Middle East, 10,200 in Latin America, 20,400 in Asia, 25,000 lived in Europe and 41,200 in North America. Of the total estimated 40.7 trillion (2007 ) accounted for 1.0 Bio U.S. $ on Africa, U.S. $ 1.7 trillion in the Middle East, 6.2 Bio U.S. $ in South America, 9.5 Bio U.S. $ in Asia, 10.6 trillion U.S. $ in Europe and 11.7 trillions of U.S. dollars in North America. (Note: The World Wealth Report 2008 indicates no breakdown of each region is therefore not clear whether, for example Mexico to North America, Russia to Europe, Brazil and Latin America to which countries the Middle East ( Middle East ) are attributed. . )

As a result of the financial crisis, the number of dollar millionaires in 2008 according to the estimate in the World Wealth Report vary greatly diminished in the various regions of the world compared to 2007 ( Germany: 2.7% less; United States: 18 % less; United Kingdom 26% less; Russia: 28.5% less, India: 31.6 % less). But in China, the number of dollar millionaires grew and increased in 2010 to over a million.

Euro Millionaires

Criteria: Persons with financial assets of at least one million euros. For financial assets include deposits with banks and insurance companies, savings and loan contracts, securities ( majority ownership in joint stock companies included) and bonds, but no properties. Exact measurements are not available for the distribution of high capacity. The number of millionaires results from approximate estimates that may be significantly different depending on the source.

With the introduction of the euro on 1 January 2002 as legal tender, the number of millionaires currency dropped significantly. Since the vast majority of financial assets are to be found at the respective lower end of the scale, already a seemingly minor increase in the limit to a loss leads disproportionately many people in Germany so the D-Mark - millionaires ( according to the law of Logarithmik by about 30 %).

2010, there were, according to the Valluga AG in Germany € 830,000 millionaires with total assets of 2.191 billion euros. With 177.800 North Rhine- Westphalia is the state with the most Euro - millionaires. In terms of population, Hamburg has the highest density of millionaire. 43,000 hamburgers have a fortune of a million euros or more; corresponding to 2.41% of the total population of the city state. In 2013, in Germany there are 1,015,000 millionaires. Thus, there is for the first time in history, more than one million euros - millionaires in Germany. Worldwide there are about 12 million euros - millionaires in 2013.

In contrast to the wealth millionaires, the number of millionaires is relatively low. According to the Federal Statistics Office only 9,688 euros income millionaires were registered in 2004. These were taxed an annual income of an average of 2.7 million euros. They account for 0.03 % of all taxpayers, but provide for 5.2 % of the total wage and income tax revenue.

Lotto millionaires

The state lottery companies make to the number of lottery millionaires the following information:

• Annually tap about 400 people in Germany six numbers. The number of lottery millionaires in Germany is about 100 per year ( 2003: 103 2004: 102 2005: 110 2006: 114; 2007: 122 2008: 103 2009: 111 2010: 112).
• In D-mark times ( October 1955-December 2001 ) 4129 persons were since lotto to start lottery millionaires (DM).
• In the Swiss lottery in 2005 there were 24 new Lotto millionaires ( CHF ). Since the beginning of lotto (1980 ) up to and including February 12, 2005 there were a total of 387 lottery millionaires.

Billionaires

A billionaire is a person who has at least one billion ( 1,000,000,000 ), ie one thousand million, units of assets directly or indirectly.

Following the representations of the list The World's Billionaires of the U.S. business magazine Forbes Magazine, there are worldwide in 2013, a total of $ 1,426 billionaires with a total assets of 5.4 trillion dollars. The richest man in the world, the Mexican telecom entrepreneur Carlos Slim Helú, has the magazine after more than an estimated fortune of around 73 billion U.S. dollars, followed by Microsoft founder Bill Gates with approximately $ 67 billion and the Spanish fashion entrepreneur Amancio Ortega around 57 billion dollars. Richest German with about $ 26 billion Aldi founder Karl Albrecht 18th place (source: http://www.forbes.com/billionaires/#page:2_sort:0_direction:asc_search:_filter:All industries_filter:All countries_filter:All states)

About one third of all billionaires have inherited their wealth.