2024-06-05 06:28:32
The variety of folks worldwide who’ve property of at the very least a million {dollars} has risen considerably, setting a brand new report, in response to the Capgemini International Wealth Report.
In 2023 greater than 22.8 million folks worldwide had property of at the very least a million {dollars}. The variety of millionaires elevated by 5.1% from the earlier 12 months – and is on the highest degree because the first evaluation in 1997 for the “World Report Wealth».
The wealth of the rich additionally reached a brand new report excessive – at $86.8 trillion, a 4.7% enhance in comparison with 2022.
Many millionaires in North America
The US nonetheless tops the record of nations with essentially the most greenback millionaires (7,431 million). In second place is Japan with 3,777 million and third is Germany with 1,646 million. China is in fourth place with 1.5 million millionaires.
The strongest will increase have been in North America, the place the wealth of the rich rose 7.2% to $26.1 trillion and the variety of rich people rose 7.1% to 7,431 million.
The research’s authors attribute these numbers to a strong US economic system, subdued inflation and a growth in inventory markets.
Within the “World Wealth Report”, compiled yearly since 1997, Capgemini considers shares, mounted revenue securities, non-public fairness, money and actual property, offered they don’t seem to be utilized by the corporate itself. No collectibles or client items included.
The evaluation covers 71 international locations, which account for greater than 98% of world gross nationwide revenue and 99% of world inventory market capitalization.