Japan's millionaires increased their wealth at the fastest pace in the Asia-Pacific region last year as Prime Minister Shinzo Abe's campaign for an economic revival drove the stock market higher.
The nation's high net worth individuals, defined as those with investable assets of at least $1 million, increased their wealth 24 percent from a year earlier to $5.5 trillion, according to a report released Tuesday by Royal Bank of Canada and Cap Gemini SA.
The number of millionaires in Japan rose 22 percent to 2.3 million, it said.
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