• Kyodo

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Japan has about 3.58 million people with net assets worth $1 million (¥80 million) or more this year, the second-highest number after the United States, which has 11.02 million millionaires, according to an estimate by the Swiss bank Credit Suisse Group AG.

The figure for Japan represented an increase of around 83,000 from the previous year. The bank is projecting the figure to hit 5.4 million in 2017.

France ranked third with 2.28 million people with a net worth of $1 million or more — the balance of financial assets plus real estate and other nonfinancial holdings minus household debts, Credit Suisse said.

On the list of superrich adults with net assets of $50 million (¥4 billion) or more, Japan drops to fourth with some 3,400, after the United States with around 38,000, China with 4,700 and Germany with 4,000.

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