Standard Class

An estimated 236,000 Chinese became ($) millionaires by the end of 2004, while in India, 61,000 now individuals have assets exceeding USD 1 million. Anybody who thought that these emerging markets were all about selling volume to massive markets was right. We should also remember that there is a massive high net worth individual class as well as a booming middle class to sell premium products and services to. I do not have the figures for Brazil and Russia but I am sure they would mirror these. figures from Cap Gemini