according to the Boston Consulting Group's study of global wealth, in 2011 American households with investment assets of $1 million or more declined to 5,134,000 from 5,263,000 (by 129,000), while globally the number grew by 175,000. Singapore has the highest proportion of millionaires in the world: 17 percent of all households in Singapore have wealth of over $1 million, as compared to 4.3 percent of households in the United States, which ranks it seventh in the world.[12]

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http://mises.org/daily/6160/Obamas-Keynesian-Giraffes