Statsguru: Global wealth soars in 2017

North America leads the wealth list with a combined wealth of $101 trillion, followed by Europe at $79 trillion

After growing at a sluggish pace over the past few years, global wealth grew at a robust 6.4 per cent in FY17, as shown in Chart 1.  

Credit Suisse estimates that the richest 36 million individuals in the world now account for a staggering $128 trillion or 45.9 per cent of the global wealth. By comparison, the bottom 70 per cent account for a mere 2.7 per cent of the global wealth, as shown in Chart 2.

This increase in wealth is driven not only by equity markets but also by a significant increase in non-financial wealth. As shown in Chart