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The number of millionaires in Spain up 5.4% since 2011

ESPITE the economic doom and gloom, the rich are getting richer, and some of them are Spanish. Last year there were 144,600 individuals in Spain with assets of $1 million (€0.74 million) excluding their principal home and consumables.

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This was 5.4 per cent more than in 2011, revealed the 2013 Capgemini & RBC Wealth Management report. Globally, a further one million became High Net Worth Individuals (HNWIs) bringing a total of 12 million people worth of $46.2 billion (£34.5 billion). This represents a 9.2 per cent increase, following a 1.7 per cent fall in 2011. North America, overtaken by the Asia-Pacific region in 2011, retook its position at the head of HNWIs with 3.73 million people worth a total of $12.7 billion (£9.48 billion). Asia-Pacific’s 3.68 million HNWIs were worth $12 billion (£8.95 billion). Reproduced from an article that appeared in EuroWeekly News

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Founded in 2012 by Edward Fairless and Nicola Fairless, Butterfly Residential is a web based family-based property company specialising in sales and rental in luxury residential properties. BR currently has properties for sale in Spain, London and Barbados. Because of our extensive list of contacts worldwide this provides us access to properties that are not commonly available on the open market or represented on our website for confidentiality reasons. To find out more visit us @  www.butterflyresidential.com

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