Rich Asians prosper in downturn

20 June 2012 Last updated at 00:45 ET Help

Despite the economic downturn, many Asian individuals continues to prosper.

According to the latest World Wealth Report, Asia-Pacific for the first time had more millionaires than North America.

The report was put together by consultancy firm Capgemini and the Royal Bank of Canada's (RBC) wealth management division.

The BBC's Rico Hizon asked one of the authors of the report, Barend Janssens from RBC, where the growth in wealth in Indonesia and China was coming from and how the economic slowdown has impacted personal fortunes.

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