News Briefs

  Tamuz 12, 5767 , 28/06/07

More than 7,000 Millionaires Living in Israel

According to a new report by the Merill Lynch investment firm, the number of millionaires living in the State of Israel has grown by 12.9 percent in the past year.

The firm’s World Wealth Report placed the number of millionaires now living in Israel at 7,200. Of these, there are 87 people whose wealth equals or exceeds $30 million in 2007.

Large investments in developing countries, purchase of real estate in Israel and abroad, as well as the continued growth in the Tel Aviv Stock Exchange accounted for the economic health among Israel’s wealthy sector.
Other archived news briefs:Jun 28 2007, 02:10 PM, 6/28/2007