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Finweek English Edition - - IN BRIEF -

The to­tal num­ber of mil­lion­aire house­holds last year, an in­crease of 13%. Global pri­vate wealth grew by about 12% last year to $164tr, the BCG re­port found. In the Asia-Pa­cific re­gion, pri­vate wealth grew by 29% last year to $47tr to make it the world’s sec­ond-wealth­i­est re­gion, re­plac­ing Europe. North Amer­ica, with $51tr in pri­vate wealth, re­mains the rich­est re­gion in 2014. Asia-Pa­cific is ex­pected to over­take North Amer­ica next year as the rich­est re­gion in the word, BCG said.

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