CSRI Global Wealth Report 2017

In general terms, throughout the twelve months to mid-2017, we observed a significant increase in wealth across the globe, driven not only by equity markets, but also by significant increases in non-financial wealth. In total, global wealth has grown by USD 16.7 trillion to USD 280 trillion, which corresponds to a rise of 6.4%. We further saw an increase of 2.3 million US-dollar-millionaires, almost half of whom reside in the United States. Partially due to a 3% rise in the value of euro agains…

In general terms, throughout the twelve months to mid-2017, we observed a significant increase in wealth across the globe, driven not only by equity markets, but also by significant increases in non-financial wealth. In total, global wealth has grown by USD 16.7 trillion to USD 280 trillion, which corresponds to a rise of 6.4%. We further saw an increase of 2.3 million US-dollar-millionaires, almost half of whom reside in the United States. Partially due to a 3% rise in the value of euro against the US dollar, we also note 620,000 new dollar-millionaires in the main Eurozone countries Germany, France, Italy and Spain. Another 200,000 joined in Australia and about the same number appeared in China and India together. We have seen a decline in millionaire numbers in very few countries, mostly associated with depreciating currencies: the United Kingdom lost 34,000 and Japan lost over 300,000.