Survey: Asia edged out by NAmerica in wealth list

HONG KONG

The report Wednesday by CapGemini and RBC is the latest in a number of recent surveys highlighting the strong rise in the region's wealthy while also hinting at persistent inequality.

It says Asia's wealthy population grew 9.4 percent in 2012 to 3.7 million people and their combined wealth rose 12.2 percent to $12 trillion.

Economic growth, strong stock markets, rising property prices and the region's high savings rates helped boost fortunes.

The report defines wealthy as those with at least $1 million in liquid assets.

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