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Thursday, June 28, 2007

Report: Ultra Rich Getting Richer, Transferring Investments to Real Estate

There are more ultra-rich than years prior, according to a report released today, and the amount of wealth they control soared last year at a rate higher than any time in the past seven years. The 11th annual World Wealth Report, which analyzed the wealthy in 71 countries, was compiled by investment bank Merrill Lynch & consultancy firm Capgemini.

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