Where the World's Millionaires Live

By David de Jong - 2012-06-06T19:49:33Z

Photograph by Gulfimages/Getty Images

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10. Bahrain

Population: 1.3 million
Percentage of millionaire households: 3.2%

Bahrain, an island kingdom in the Persian Gulf, became a center of global attention after the 2011 Arab Spring sparked riots and repression in the oil-rich state. The protests underlined tension between Bahrain's Shiite majority and wealthier Sunni governing elite. Bahrain has 8,000 millionaire households. Its diversified economy, which for "only" 60 percent on oil exports, further includes aluminum, finance and construction. The country's richest inhabitants are the royal family, headed by King Hamad bin Isa al Khalifa.

Data from: Boston Consulting Group and Bloomberg Billionaires

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