1% of the population concentrates 45.6% of world wealth, which grew in 2021

First modification: 09/21/2022 – 21:11

At the end of last year, there were around 62.5 million inhabitants in the world with a fortune of more than one million dollars, 9% more than in 2020 and showing that the pandemic produced positive numbers at the peak of wealth world.

The estimated world fortune, meanwhile, grew by 9.8% to 463.6 billion dollars, 87,489 dollars if measured in terms of average wealth for each of the 5.5 billion adults on the planet, according to estimates from the Credit Suisse bank.

The Swiss bank annually produces a report in which it calculates the behavior of global wealth. The one for 2021 found that “2021 was a good year for finances.”

The rich, richer

World wealth, according to the research, is concentrated in the United States and China, which represent half and a quarter of the total, respectively, far ahead of Canada, India and Australia.

In 2021, more than 30,000 new ultra-rich emerged in the United States, with fortunes in excess of $50 million. Another 5,200 emerged in China, 1,750 in Germany, 1,610 in Canada and 1,350 in Australia. There were only fewer ultra-rich in the UK, Turkey and Hong Kong.

While a small group of just over 60 million people take much of the wealth, at the bottom of the pyramid are those who had a “fortune” of less than $10,000 in 2021 and who represent 53% of the world’s population. .

Of all the world’s wealth, barely 12,579 billion dollars correspond to Latin America, where last year wealth increased by 1.2 billion dollars (10.5%, above the global 9.8%), but which is barely less than 3% of the total.

According to the report, middle-income countries will be the main engine of the economy in the coming years, since the segment of those with wealth between 10,000 and 100,000 dollars is the one that has grown the most since the beginning of the century (from 504 million to 1.8 billion individuals).

with EFE