Friday, July 1, 2016

Fewer Brazilian Millionaires as Economy Falters

If you've read the news over the last few months, you know that things aren't going well in Brazil. Not even the super rich have been able to escape the economy's tentacles. In fact, the number of millionaires in Brazil fell 6.4% between 2015 and 2014.



According to a study done by Capgemini, the number of super-rich fell from 161,200 in 2014 to 148,500 in 2015. Main reasons for the drop include not only the economic crisis, but an overreaching political scandal as well.

For more read Lise Alve's article in The Rio Times Number of Millionaires Fall in Brazil

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