UAE Has 68,100 Millionaires


	UAE Has 68,100 Millionaires

thisnamecantbetaken

6-28-2007 12:08 AM

769 views

tags:

money, wealth, greed, economy, oil, poverty, hunger

thisnamecantbetaken says:

If you have much, give of your wealth; if you have little, give of your heart. - Arab Proverb

3 Comments |

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6-28-2007 5:46 AM

Deepti

see where your petro dollars end up......

8-11-2007 11:32 PM

Chitownmortgage

Yep they are rolling in it over there

8-11-2007 11:59 PM

skwirlinator

When does one have too much money?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/df9818e2-112c-47b9-b361-9546dd315896/EA457032-C9DF-4072-96D4-02BDDDA9CCFD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://archive.gulfnews.com/business/Economy/10135364.html" href="http://archive.gulfnews.com/business/Economy/10135364.html" style="font-size: 11px;">archive.gulfnews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://archive.gulfnews.com/business/Economy/10135364.html"><H1> UAE has 68,100 millionaires</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://archive.gulfnews.com/business/Economy/10135364.html"><FONT size="2" face="Verdana" color="#000000">Dubai: A booming economy and high oil revenues helped create 9,100 new millionaires in the UAE last year, taking their total to 68,100, according to a global study on wealthy individuals.</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://archive.gulfnews.com/business/Economy/10135364.html"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/archive.gulfnews.com/img/2CBB02AF-BB44-4D23-82DA-EC535915B4C7" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://archive.gulfnews.com/business/Economy/10135364.html"><FONT size="2" face="Verdana" color="#000000">Globally, the number of high net worth individuals (HNWIs) - people possessing $1 million or more in investible assets - rose 8.3 per cent in 2006 to 9.5 million. The number of ultra-high net worth individuals - those with more than $30 million in liquid assets - grew by 11.3 per cent to 94,970.</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://archive.gulfnews.com/business/Economy/10135364.html">The wealth of the world's rich increased 11.4 per cent to $37.2 trillion last year, according to the World Wealth Report</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://archive.gulfnews.com/business/Economy/10135364.html">While rising oil incomes and high public spending boosted wealth, a Saudi stock market slump of 49.4 per cent inhibited more people from becoming millionaires.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://archive.gulfnews.com/business/Economy/10135364.html"><FONT size="2" face="Verdana" color="#000000">Investors are also seen shifting their investments away from the US by allocating more funds for European and Asian assets.</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://archive.gulfnews.com/business/Economy/10135364.html">Seventy-one countries were covered in the annual study</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/EA457032-C9DF-4072-96D4-02BDDDA9CCFD/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>