Report: Number of millionaires in Qatar on the rise

More families in Qatar are becoming rich or super-rich due to well-placed investments, and the overall value of their private wealth is continuing to grow, according to a new international report.

The total number of households in the country with private wealth of $1 million or more rose by 3.7 percent during 2014 and is projected to further increase by 4.1 percent by 2019, the Boston Consulting Group (BCG) said in its latest annual report, which charts the financial health of people in 62 countries.

Overall, Qatar was found to be have the world’s third-highest density of millionaires, with 116 per 1,000 households in the country valued at $1 million or more in BCG’s report Global Wealth 2015: Winning the growth game.
 
 
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Source News: Doha News
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