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No. of APAC millionaires to rise 66% by 2020

The number of global millionaires could touch nearly 50 million adults in 2020, or a rise of over 46.2% from current figures, the Credit Suisse Research Institute has found. Asia Pacific and Africa numbers, it adds, are set to grow fastest by 66% and 73% respectively. This will outpace growth of 33% and 55% for North America and Europe respectively. The institute…

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