Qatar has the world’s second highest percentage of millionaires, according to a new (completely unsurprising) report by Boston Consulting Group.
With 14 millionaire households per 100, Qatar was displaced only by Singapore, which has 17 millionaire households per 100.
A report earlier this year placed Qatar as third (to Singapore and Switzerland) in terms of density of millionaires.
BCG’s study also featured Kuwait, the UAE, Bahrain and Oman in the top 15.
Arabian Business reports:
Boston Consulting said it omitted Saudi Arabia from its ultra-wealthy ranking because it was too difficult to define different households within the royal family network.
The study also revealed that China, India and Singapore posted the biggest increases in millionaires last year.
Qatar’s wealth has been the source of many jabs this week after 19 people were killed in a tragic fire at Villaggio Mall, a shopping center famous for its glitz and Italian-style gondolas and water canal.
Credit: Photo by Donkey Hotey