Number of millionaires in Spain up 5.4 per cent since 2011

MILLIONAIRES: Rich man’s playgound Puerto Banus.

DESPITE the economic doom and gloom, the rich are getting richer, and some of them are Spanish. Last year there were 144,600 individuals in Spain with assets of $1 million (€0.74 million) excluding their principal home and consumables.

This was 5.4 per cent more than in 2011, revealed the 2013 Capgemini & RBC Wealth Management report. Globally, a further one million became High Net Worth Individuals (HNWIs) bringing a total of 12 million people worth €46.2 billion (€34.5 billion).

This represents a 9.2 per cent increase, following a 1.7 per cent fall in 2011. North America, overtaken by the Asia-Pacific region in 2011, retook its position at the head of HNWIs with 3.73 million people worth a total of $12.7 billion (€9.48 billion).

Asia-Pacific’s 3.68 million HNWIs were worth $12 billion (€8.95 billion).

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