A report published online by the prestigious journal of the American economy “Forbes” says the Brazilian economy is creating 19 millionaires per day since 2007, thanks to the growth of Gross Domestic Product (GDP) and consumption rates, it said.
The statistic of 19 new millionaires per day was measured by considering all individual wealth, including investment, property, savings and other assets, besides money, the report says. According to the magazine, the trend should be repeated at least for the next three years.
“Brazil currently has 137,000 millionaires (according to the list of billionaires in the world of ‘Forbes’ in 2011) and about 30 billionaires, with 70% of the country’s wealth concentrated in Sao Paulo and Rio de Janeiro,” says.
The magazine leaves it clear, however, they are millionaires in terms of the Brazilian economy, which is equivalent to people with assets equivalent to about 540 000 US Dollars. “Individuals with assets between $ 539,000 and $ 2.7 million (U.S. $ 1 million and $ 5 million) form this group of new millionaires,” said the Forbes.