How many millionaires in Indonesia?


Indonesia is considered as a country with a population of rich people with very significant growth. In fact, the wealth of Indonesia grew fastest in the world within a decade.

At least, it was revealed by the report were collected from two top international investment bank research that was recently released. One comes from Credit Suisse Research Institute in the report "Credit Suisse Global Wealth Report 2010". One more from the Merrill Lynch Wealth Management, Bank of America and Capgemini in the report "Asia Pacific Wealth Report 2010".

In addition to wealth on average, two research highlights that more people who fall into the category of high net worth (HNW). This is a term they often use to mention someone who has a wealth of treasure ata minimum of U.S. $ 1 million or 9 billion.

According to Credit Suisse, in Indonesia the number of owner's net worth over 9 billion is expected to reach 60 thousand adults. Mostly, more than 80 percent of the wealth of Indonesia is invested in non-financial instruments, such as property both building and land.

Not just for the billionaires, as a whole, Credit Suisse noted the average wealth of Indonesia has increased fivefold in the last ten years. "This is a spectacular growth in the world," said Walter Berchtold, CEO Credit Suisse Private Banking in the report.

In Indonesia, on average, net worth 150 million adults average more than U.S. $ 2,300. Now, it jumped to $ 12,000. One source of rising wealth of its citizens is of rising property prices in this decade.

Meanwhile, according to Merrill Lynch and Capgemini the number of Indonesian billionaire many as 24 thousand people who have a net worth over 9 billion with total assets of U.S. $ 80 billion.

Merrill Lynch and Capgemini also rich Indonesian judge people tend to choose traditional investments, such as property and deposits. Allocation of funds for investment in the stock market is only about 19-20 percent.

"China, India, Indonesia and Thailand will become the main engine of population growth of affluent people in the Asia Pacific region," said Bertrand Lavayssiere, Managing Director Global Financial Services, Capgemini report. Indonesia Today


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