Showing posts with label High Net Worth. Show all posts
Showing posts with label High Net Worth. Show all posts

Thursday, July 10, 2008

10 Million Wealthy Folks Own An Astounding $40 Trillion!


The recently released 12th annual World Wealth Report co-authored by Capgemini and Merrill Lynch has some amazing findings:


The number of global high net worth individuals (HNWIs, with wealth greater than $1 million) rose 6% in 2007 to 10.1 million, and the number of ultra high net worth individuals (Ultra-HNWIs, with wealth greater than $30 million) increased by 8.8%. For the first time in the history of this report, the average assets held by HNWIs exceeded US$4 million. The combined assets of HNWIs now exceeds $40 trillion!...