National

31 Peruvian Families Amass Fortunes Totaling US$ 12,296 Million

Mike Dreckschmidt

Put together, 31 families own 13% of all wealth in Peru. Find out how many millionaires the country has according to the Boston Consulting Group’s latest report…

31 Peruvian Families Amass Fortunes Totaling US$ 12,296 Million

(Photo: Pixabay)

According to El Economista there are 7,259 families in Peru who have amassed a fortune in excess of US $1 million, according to the Global Wealth 2017 report prepared by The Boston Consulting Group (BCG).

This is an increase of 9.9% from 2015 to 2016 as 652 families joined the group of people with more than US$ 1 million.

El Economista also reported that Joaquin Valle, partner and managing director of BCG in Peru, stated that the more wealthy a family, the more they tend to keep their money offshore. The percentage of Peruvian wealth that is being kept in foreign countries could be up to 70%, he claims.

TAGS:

Peru

Your comment will be submitted for approval by an administrator. We reserve the right to not publish offensive or profane remarks.