GCC millionaires = millionaires of India and China combined
Do you have a product to sell to millionaires? Middle East is the place to sell it.
According to the McKinsey Quarterly "the total liquid assets of high-net-worth individuals (those with more than $1 million in financial assets) have been estimated at more than $780 billion - almost equal to that segment's assets in China and India combined."
And while you are not here in the Middle East selling your million-dollar products, millionaires will be spending their money, buying, em, ... car number plates for $7 million dollars!
May 21, 2007 |
Filed under Investment in Middle East
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