World's Millionaires Have $50 Trillion

The Wall Street Journal's "Wealth Report" reports that, according to a study by Oliver Wyman, total wealth held by the world's financial millionaires - those with $1 million or more in investible assets - has grown to $50 trillion and that wealth is expected to grow 50% over the next five years to $75 trillion.

Read the 4.1.08 Wall Street Journal article.