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Where the World's Millionaires Live

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

Photograph by Gulfimages

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7. Bahrain

Population: 1.28 million
Percentage of millionaire households: 4.9%

After economic setbacks over the past two years, Bahrain’s economy is beginning to recover. While there is still tension between Bahrain's Shiite majority and the wealthier Sunni governing elite, the Formula One race took place again this year after it was canceled in 2011. Cruise lines that had suspended service because of political turmoil are considering returning to the island kingdom. Bahrain had 11,000 millionaire households in 2012. The country's richest inhabitants are the royal family, headed by King Hamad bin Isa al Khalifa.

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