Report: The Rich Got Richer In '06

Jun 28 2007 | 9:56am ET

Thanks to a strong global economy, the wealth of the world's high-net-worth individuals increased 11.4% to $37.2 trillion in 2006, according to a report by Merrill Lynch and Capgemini.

The number of worldwide high net worths (HNWs) increased 8.3% last year to 9.5 million and the number of ultra-high-net-worth individuals grew by 11.3% to 94,970.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…