In the USA, we have 7.5 million millionaires in 2004 (says CNN / money study). The stock market has done well since that year. Other estimates top 9 million. It really varies how you decide to simulate things. Any which way, China is not similar to the developed world in terms of net worth, yet. Frankfurt alone will have more millionaires than all of China. That is my extrapolated guess at this time.
2/4/08 at 1:58pm