The equity of the Emirates millionaires constitutes nearly a half of national welfare of the country.
Dubai, UAE. Assets of residents of the UAE, whose equity are exceeded by US$1 million, makes 42% of all well-being of nation, it is told in the research New World Wealth. On the world this indicator averages 35%.
It should be noted that in other Gulf countries millionaires possess still big control over richness of the countries: so, in Saudi Arabia this indicator constitutes 58%, in Qatar – 48%. Meanwhile, Russia where millionaires control 62% of national wealth, and billionaires – 26% became the leader of the rating.
According to the report of New World Wealth if millionaires control over 50% of richness of the country, it causes difficulties with forming of middle class. 72 thousand people whose condition exceeds US of % of 1 million live in the UAE. At the same time their number constantly grows that is connected with high performance of the local market of the real estate.
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