4:29am

Fri June 1, 2012
Business

The Last Word In Business

Originally published on Thu June 7, 2012 12:24 pm

Transcript

DAVID GREENE, HOST:

OK, let's turn now to personal wealth. Today's last word in business is disappearing millions.

The number of millionaire households in this country declined in 2011. That's according to this year's Global Wealth Study from the Boston Consulting Group. It found the number of American households with a million dollars of investable assets shrunk by 2.5 percent.

The U.S. still leads the world in millionaires, but developing countries are gaining ground. Other countries added nearly 200,000 millionaire households in 2011.

From NPR News, this is MORNING EDITION. Transcript provided by NPR, Copyright NPR.

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