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Million dollar babies

Global inequality means millions of millionaires... and billions of precarious lives.

----------article from Financial Times

As defrosted from his cryogenic state Dr Evil in the comedy film "Austin Powers" discovered, "one million dollars" is less impressive than it used to be. A survey by Boston Consulting Group suggests there are no less than 7.2m dollar-millionaire households globally. Together, they own $25,000bn of financial assets - excluding unquoted businesses, residences and luxury goods - or 29 per cent of the world's total.

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