The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-25
WAYS OF WEALTH.

MiIItOnaires in Different Parts of
the World and Their Ways.
From the New York World.
How many millionaires are there in
the world?
A commonly accepted estimate places
the number of men in this country
owning 100000 or more each at be-
tween 1000 and 5000 In the world at
large there must be from Hfteen to
twenty times as many, by no means
confined to the more civilized races
Perhaps there are 100, 900 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 fabu
lousy wealthy, although like all this
warm men of the East, they live
very humbly.
For in one-half of this globe, it must
be remembered, the richer a man is
the more ragged his clothes, the mora
squaHd his house. This device does not
save him from frequent robbery by his
rulers or even in some cases from
murder. Turkish and Persian million
aires are not good life insurance risks
yet the Jews Of Damascus and Te-
heran and the Greeks Of Smyrna in
clude many who could measure wealth
with the smaller American nabObS.
In Egypt wealthy men are able to
display their riches freely. Alexandrine
| Greeks and Cairene Copts and Jews are
] often immensely wealthy. Even in
| Morocco, Nahou the banker must be
| several times a millionaire under for
| eign protection, and there are others
| in inland towns whose wealth is great.
he great Chinese merchants have
as line a commercial reputation as the
Parsees. Not alone in China, but in
Hong Kong, the Straits Settlements
and even in Burmah they include in
their number many men of vast for
tunes. In Japan millionaires are yet
comparatively few, but are rapidly in
creasing 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 pro-
prietors of proud family are mostly
land poor, but her merchants, ship
pers and manufactures are shrewd and
well provided with money. The trade
Of the Mediterranean is largely in Ital-
lar hands.
New millionaires swarm in South At
| RIGA and Australia, because Of the gold
discoveries and the diamond mines OF
the Kimberly region. Mexico, the Cen
trail and South American states and
Canada have together perhaps 1000.
Even bleak Newfoundland has one, and
he one Of the most remarkable in the
lot, the famous Gear Reid"
Finally 1t must not be forgotten that
Great Britain alone has many more
small millionaires-men with from
81, 900 to $4,000, 900, who live quietly
and Observation-Disclosures the United
States.
Such modest wealthy men are not
few In New York. Most readers will
remember the stir Mr., F'ayerweathers
death made, though few had heard of
him living. About the same time a
! man worth $14,000,000 died on an up
town street. He got a two or three
line Obituary note" in most of the
newspapers The public had never
heard Of him