gulf-wealth - Latest News on gulf-wealth | Read Breaking News on Zee News

1 mn rich Gulf families own wealth worth $1.2 tn: Report

Last Updated: Sunday, December 09, 2012, 15:41

The KFH-Research report about wealth and funds management said that the world's population of high net worth individuals (HNWIs) grew by a marginal 0.8 percent year on year to 11 million in 2011. This pace was sluggish compared to growth rates of 17.1 percent in 2009 and 8.3 percent in 2010.