This picture shows Moet et Chandon champagne being poured in glasses in Epernay, eastern France on April 20, 2016. (AFP / FRANCOIS NASCIMBENI)
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The number of millionaires in the world rose by nearly 8 percent last year to an all-time high of around 16.5 million people, with record total wealth of $63.5 trillion, according to a report by global consultancy firm Capgemini.Some 1.15 million people became millionaires last year, the report said.Russia, helped by a rebound in its stock market, saw both the number of its millionaires and their wealth grow by about 20 percent.France overtook Britain in the top five in terms of the number of millionaires, helped by a recovery in real estate, while Sweden knocked Singapore -- which saw a decline in its equity markets -- out of top 25 .Surveys on the millionaires' financial asset holdings show they held 31.1 percent in equities in the second quarter of 2017, compared with 24.8 percent in 2016 .
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