Business in Europe, Economics, Financial Services, Lithuania

International Internet Magazine. Baltic States news & analytics Tuesday, 28.06.2016, 12:34

Number of millionaires up in Lithuania

Petras Vaida, BC, Vilnius, 10.08.2011.Print version
Last year, 1,265 people in Lithuania reported their assets to have exceeded 1 million (EUR 290,000), an increase by 272 year-on-year, the business daily Verslo Zinios writes.

Until last year, the largest number of millionaires in Lithuania had been recorded at 1,014 in 2007, according to the data compiled by the State Tax Inspectorate.

In 2008, the crisis shortened the millionaire list down to 987 individuals who declared their assets at the value of over LTL 1 million, excluding loan defaults. A year later, two more millionaires were added to the list, LETA/ELTA reported.

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