In search of the philosopher's stone


According to one research report (published by, high-net-worth individuals, at least in Europe, are classified as those with in excess of €300,000 ($380,000) in liquid assets. Using that definition, the report suggests that the six major European economies (France, Germany, Italy, the Nordic Group, Spain and the UK) housed some 648,000 high-net-worth individuals (at the end of 2002) with appropriate amounts of wealth onshore, and that their number has, since 1997, been gr

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