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More than 415,000 millionaire households in Belgium

10:28 03/10/2014

The financial capability of European countries last year rose above the level of before the financial crisis in 2008s. In Belgium, the financial capability rose by nearly 20% between 2007 and 2013. The figures, published in the annual Wealth Report Europe from Swiss private banking group Julius Baer, take into account all income, shares, funds and real estate.

According to the bank, the increased financial capability of the Belgians translates to an average of €241,000 per person. Only Luxembourg (€432,000) and Switzerland (€395,000) are richer. The report shows that the richest 10% of Belgians possess 44% of the wealth, while 1% has 22% of the wealth.

Last year there were 415,117 households in Belgium with a financial capability of over €1 million, or 8.5% of all households. In terms of percentage, only Luxembourg (22.7%), Switzerland (13%) and the Netherlands (9.1%) have more.

Written by Robyn Boyle

Comments

ulrixco

I would love all these dry and ultimately useless statistics to be made 'readable' with techniques like this : https://www.youtube.com/watch?v=jbkSRLYSojo ENJOYABLE, ENTERTAINING and MEMORABLE STATISTICS !!!

Oct 5, 2014 15:21
ulrixco

Here is an even better 'show' - I would call it a lesson : it adds tenderness and humour to the recipe !!... https://www.youtube.com/watch?v=6sqnptxlCcw ENJOY !!! :-D

Oct 5, 2014 15:35