Come here often? Make XFINITY.com your homepage » close

close

Your XFINITY Connect session has timed out due to inactivity. Click here to go back close

24/7 Wall St: 10 Countries With the Most Millionaires

8. Italy

Millionaire Households: 270,000
Ultra High Net Worth Households: 494
GDP (millions of USD): 2,055,114 (8th highest)

Italy’s ranking for number of millionaires fell from 6th in 2009 to 8th in 2011. This is probably the result of the international financial crisis worsening economic conditions in the country. Unemployment alone has risen from 6.2% in 2007 to 8.4% as of March 2011, according to the U.S. Bureau of Labor Statistics. Factors such as this can end up hurting even big earners. Regardless, the country is home to a large community of millionaires and billionaires. The Italian economy includes many companies which produce consumer goods such as automobiles, and textiles.
(iStock Photo)

More From 24/7 Wall St:
The Most Dangerous Cities in America
States Spending Almost Nothing on Public Education
Worst Cities To Try To Rent



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

Ad Info - Ad Feedback

Ad Info - Ad Feedback

Loading...