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Ireland has 33,000 millionaires despite worst recession in decades

Fourteenth in the word per capita of big earners

ANTOINETTE KELLY,

IrishCentral Staff Writer

Published Tuesday, July 17, 2012, 7:29 AM

Updated Tuesday, July 17, 2012, 7:29 AM

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Ireland now has about 33,000 millionaire households

Photo by Google Images

Ireland may be weathering an economic crisis but the figures issued by Bloomberg and Boston Consulting this week have painted a rosier picture for some there.

According to Businessreport.ie, Ireland has actually placed fourteenth in the global list of countries with the most millionaires per capita.

Ireland's ranking of rich people was the highest for any European country except Belgium, which had the twelfth place, and was closely followed by The Netherlands at fifteenth place.

According to the latest data, 2.2 per cent of Irish households now rank as 'millionaire households' and this, 'despite the economic carnage and an unemployment rate that remains above 14 percent' according to the new survey.

The country now has about 33,000 millionaire households.

Meanwhile, the USA, also weathering a major recession, came in seventh place with 4.3 per cent of households classed as 'millionaire.' Singapore topped the millionaire poll with 17.1 per cent.

Nster.com

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IrelandNorth | Jul 18, 2012, 07:12 AM EDT

Well whad'ya know. A thousand millionaire houshoulds for every county in the country - with a thousand more to spare. And not bad for a 3.3 province/26 county proto-republic of 1.5m housholds. Instead of An Taoiseach Ó Cíonnaith persisting with a Household Services Charge (HSC) which he acknowledged was unfair to a proletariate who didn't incur a 'national' (sic) debt it will be used to repay, he should now consider hitting these millionaire households for 1% HSCs, thereby eradicating any n[o]tional debt which the state has been entrapped into by the EuroFeds - with a little help from their Irish petit-bourgeois politicos. How many of these dubious patriots have their loot stached with An Post Banc Taisce or local Credit Unions - paying taxes An Stát. Or did they buy Beverley's tax free off-shore Caymen investment products. Enda! Like Lincoln said - ya can fool all of the people some of the time, and some of the people all of the time. But ya can't fool all of the people all of the time. Some of us have one eye open - ya know! Some of us insist on getting what it said on the 1916 biscuit tin.

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