Switzerland has the highest concentration of rich people; America has the most in absolute terms

A MILLION dollars in investable assets might not buy the retinue of flashy flunkies that it did in 1956, but it is still a reasonable definition of wealth. Millionaires increased in number almost eveywhere between 2009 and 2010, according to a report by Capgemini and Merril Lynch released on June 22nd. Among the more interesting nuggets in the report is that Japan has more female millionaires as a share of the total (31%) than Western Europe (18%). The only large country where millionaires became more scarce was Italy. Still, who wants to wallow in champagne?