The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-10-16
N|LL0NA|RE6 SCATTERED ABOUT THE WORLD

How many millionaires are there in
the world?
A commonly accepted estimate places
the number. of men in this country
owning s1,000,000 or more each at be
tween 1000 and 5000. In the world at
large there must be from fifteen to
twenty times as many, by no means
confined to the more civilized races.
Perhaps there are 100000 in all, though
this may be doubtful.
For instance, India is full of native
millionaires Not only the great num-
Der of Indian Princes, with their fabu-
lous boards of state jewels, must be
reckoned in the list, but there are many
millionaire merchants in the cities. The
great Parsee houses of Bombay have
as good credit as any merchants in the
world, and their heads are fabulously
wealthy, although, like all the warm"
bly,.
For in one-half of this globe, 1t must
De remembered the richer a man is the
more ragged his clothes, the more
squalld his house. This device does not
save MIN from frequent robbery by his
rulers or even in some cases from muir
der. Turkish and Persian millionaires
are not good life insurance risks, yet the
Jews or Damascus and Teheran and the
Greeks of Smyrna include many who
could measure wealth with the smaller
American nabobs
In Egypt wealthy men are able to dis
play their riches freely. Alexandrine
Greeks and Cairene Copts and Jews are
often immensely wealthy. Even in Mo
rocco, Nahon the banker must be sew
eral times q millionaire under foreign
protection, and there are others in in
land towns whose wealth is great
The great Chinese merchants have as
fine commercial reputation as the
PafSees. Not alone in China, but In
Hongkong, the Straits Settlements and
even in BurInah they include in their
number many men of vast fortunes. In
Japan millionaires are yet compare
lively few, but are rapidly increasing in
number.
In big Russia millionaires are prob
ably fewer than in little Holland where
immense wealth is derived from the
colonial trade. France has shoals of
millionaires. Germany, once poor, Is
rapidly gaining immense wealth in
shipping, trade and manufacture, and
her rich men are already legion. Aus
tria and the Balkan states have many
great fortunes. Italy's old rural prop
rietors of proud family are mostly
Land poor" but her merchants. ship
pers and manufacturers are shrewd
and we'll provided with money. The
trade of the Mediterranean is largely In
Italian hands.
New millionaires swarm in South At
RIGA and Australia, because of the rold
discoveries and the diamond mines Of
the Kimberley region. Mexico, the Cen
trail and South American states and
Canada have together perhaps two
thousand. Even bleak Newfoundland
has one, and he one of the most re-
markable in the lot, the famous Gear
Reid"
Finally 1t must not be forgotten that
Great Britain alone has many more
small millionaires-men from $1,000,000
to $5,0000o0 who live quietly and unos
tentatiously-than the United States.
Such modest wealthy men are not few
In New York. Most readers will remem
Der the stir Mr.. Faverweather's death
made, though few had heard of him
living. About the same time man
worth s14.000,o00 died on an uptown
street He got two or three line
OBITUARY note" in most of the news
papers. The public had never heard Of
him.