More Millionaires

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More Millionaires

The number of millionaires is back up to the level of dotcom days.

There were an estimated 7.7 million millionaires in the world at the end of 2003, half a million more than at the end of 2002, as stock markets and economic growth picked up and the rich took more risks with their cash.

Instead of seeing this as proof of a turned around economy, most people will probably see it as a reason for tax increases.

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