Millionaires Drop in Number; Recruiting Big Gifts for Hospitals

By Nicole Wallace

The ranks of the world's financial elite have thinned, and a staggering amount of their wealth has been lost to the recession, Ileana van der Linde, a principal in Capgemini's wealth-management practice, told the more than 700 fund raisers gathered here to discuss trends in identifying potential donors.

For the last 13 years, Capgemini and Merrill Lynch Global Wealth Management have published a report that tracks the number and distribution of high-net-worth individuals —