Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Where the World's Millionaires Live

By Nikhil Hutheesing - 2013-05-30T16:00:09Z

Photograph by Tim Macpherson/Getty Images

Company Symbol % Change
15 of 18

2. Switzerland    

Population: 8 million
Percentage of millionaire households: 11.6%

The European fiscal crisis is affecting the Alpine nation: GDP growth slowed to 0.8 percent in 2012, from 1.9 percent in 2011. Switzerland also faces pressure from the European Union and the U.S. to reform its banking secrecy laws, and the Swiss government is considering imposing taxes on bank deposits held by foreigners. There were 395,000 millionaire households here last year. Switzerland's richest person, with a fortune valued at $14.6 billion, is Italian-born Swiss billionaire Ernesto Bertarelli, who owns the Alinghi sailing team and has interests in real estate and hedge funds (Kedge Capital) and health care (Ares Life Sciences).

Advertisement