Hong Kong - The number of US dollar millionaires grew by 22.7 per cent in India and 20.3 per cent in China last year as the ranks of wealthy in the Asia-Pacific region swelled to 2.8 million, according to a report Friday.
Vietnam saw the fastest growth in millionaire numbers with a 24.2 per cent increase although its overall number of high net worth individuals with assets worth over one million US dollars was just 1,200.
In 2007, China had 415,000 millionaires and India 123,000, the report said. The country with the most millionaires in the region, however, was Japan with 1.51 million, a 2.2 per cent increase on 2006.