Tuesday, 14 October 2014

If you have $3,650, you’re among the wealthiest half of people in the world, according to Credit Suisse’s new report on global wealth. In numbers and charts, we break down the need-to-know stats.

Global wealth grew by 8.3pc – its fastest rate ever – over the last year, reaching a worldwide total of $263 trillion, according to Credit Suisse’s Global Wealth Report for 2014. From average worth to millionaire growth, here are the other numbers you need to know.

• Over the past 12 months, the world got $20.1 trillion richer, growing at record pace to $263 trillion. That’s the first time household wealth has surpassed the $250 trillion mark.

• In 2013, global wealth increased by $21.9 trillion – the largest annual growth since 2000. That’s more than the total loss from the financial crisis in 2007 to 2008, which knocked $21.5 trillion off global wealth.

• The average person is worth $56,000.

• If you have $3,650, including the value of your home, you’re among the wealthiest half of people in the world. (This is net wealth – so, once debts have been subtracted.) The other half own less than 1pc of global wealth, while 77pc of adults – that’s 3.3bn people – have less than $10,000.

• The top 10pc of people – membership requirement is $77,000 – hold 87pc of the world’s wealth.

• You need $798,000 to make it into the top percentile of the world’s wealthiest. This select group accounts for almost half – 48.2pc – of global assets.

By 2019, global wealth is expected to be 40pc higher, reaching $369 trillion. Emerging markets, which contributed 11.4pc of total wealth from 2000 to 2014, will account for 26pc of that growth.

• In five years, the number of millionaires will have increased by half, from 35m to 53m.

http://macedoniaonline.eu/content/view/26246/52/

Related articles

• Are you among the world’s wealthiest?
• Do you have $3,650?
• If you have $3,650, you’re among wealthiest half of people in world…
• $3,650 puts you in wealthiest half of world

Categories: Misc....