SURVEY: THE NEW RICH

by The Economist Friday, Jun. 22, 2001 at 3:46 PM

Interesting overview of "the rich" since Carnegie, and how the condition has varied over time, and between different portions of the world.

SURVEY: THE NEW RICH

The new wealth of nations

Jun 14th 2001

From The Economist print edition

The world is getting both wealthier and less equal. Whether that is a good

thing is increasingly up to the rich, says Matthew Bishop





THE past decade was probably the most exuberant period of wealth creation in

human history. It also produced an unprecedented number of wealthy people.

Despite the recent disappearance of some well-known dotcom tycoons, the

count of millionaires and billionaires still went up last year. The world

now has 7.2m people with investable assets of at least m, up from 5.2m in

1997. Those 7.2m dollar millionaires control about a third of the world

Original: SURVEY: THE NEW RICH