Bloomberg the Company & Products

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

Communications

Industry Products

Media Services

Follow Us

No. 5: Germany

Bloomberg News

No. 5: Germany

Population: 82 million

2009 number of millionaire households: 430,000
Percentage increase: 23.1 percent YOY
Share of country’s wealth held by millionaire households: 22 percent

Not only have Germany’s rich increased in numbers, apparently some have also heightened their sense of public duty. According to a report by CNBC, a group of German millionaires and billionaires founded a Club of the Wealthy and proposed to Chancellor Angela Merkel that they give 10 percent of their income as a "rich tax" for 10 years to address budget problems.