Stef Wertheimer. Israel's richest man
Shari Arison. Israel's richest woman
Merrill Lynch: 7,200 millionaires living in Israel
World Wealth Report says Jewish state had 12.9 percent more millionaires in 2006 than in previous year
Some 7,200 millionaires lived in Israel in 2006, 12.9 percent more than the previous year, Merrill Lynch reported in its World Wealth Report.
The report also said that the number of Israeli multi-millionaires – people whose wealth exceeds $30 million – grew by 15 percent to 87. In addition, Israel registered 50 percent more millionaires in 2006 than the average increase in the rest of the world.
The capital of Israel's super-rich stood at $35 billion in 2006, 17 percent more than a year earlier, the report found.
Uri Goldfarb, Merrill Lynch Israel vice president for private banking, attributed the capital boost of Israeli multi-millionaires to large investments in developing countries, the continued rise of the Tel Aviv stock exchange, and the purchase of property for development at home and abroad.
The report put at 9.5 million the number of people worth $1million or more, 8.3 percent more than in 2005. The total capital of the world's millionaires rose by 11.4 percent to $37.2 trillion, the first double-digit rise in seven years.
