Global Wealth Distribution in 2023 Here’s how patterns of wealth compare around the world: Percent of Global Adults, by Wealth RangeUnder $10K$10K - $100K$100K - $1MOver $1M Africa22%4%1%1% Asia-Pacific28%19%20%17% China8%40%25%11% ...
709,600 U.S. dollars per person. Luxembourg was ranked second with an average wealth of around 607,500 U.S. dollars per adult, followed by Hong Kong SAR. However, the figures do not show the actual distribution of wealth. TheGini indexshows wealth disparities in countries worldwide. ...
wealth inequality have generated much public and scientific interest, building intuition on the shape and scale of today's wealth distribution remains difficult. Prior research tends to conceptualize and measure wealth inequality in one of two ways: As the concentration of assets among the super...
How large is the wealth management industry? As per the forecast, the assets under management in this market are predicted to reach $64,390 by 2024. Who has the most extensive distribution of wealth? 50% of the global net worth belongs to the 1%. The top 10% of the adults hold 85%,...
May 2023 Region Worldwide Survey time period 2022 Supplementary notes Values calculated by Statista using percentages provided by the source. Figures do not add up to the total number of billionaires that year as the shares were rounded by the source. Open this statistic in... French Citation...
If we are to look at a more representative measure of wealth distribution, through median wealth, it tells a different story. Median wealth is the value that divides a population’s total wealth in half, with half of the population having more and half having less. It represents the “middl...
3Refersto2023data.Source:Wealth-X(anAltratacompany). BasedonestimatesusingWealth-XdataandBostonConsultingGroup. Altrata | WorldUltraWealthReport2024| 4 Awealthtierofinfluence Unevenwealthdistribution Theunevennatureoftheglobaldistributionofwealthisalsoevidentamongtheworld’srichest ...
That is partly due to natural shifts in wealth distribution as the global economy goes through structural changes and capital moves around the world, he said on a media briefing. Other factors set to drive the decline in millionaires include the U.K.'s introduction of sanctions against Russia ...
Poverty and distribution of wealth in the USA: a descriptive and predictive analytics approachpovertyincome inequalityeconomic growthtime-seriesThe outbreak of COVID-19 and its negative implications on the economy is a motivation for this project to study the trend of poverty and its impacts on ...
the value of assets under management in China increased by 53 percent, while our customer base grew by over 30 percent. We have established three key distribution channels: retail banking, private banking, and HSBC insurance brokers. These channels are supported by four product centers: banking, ...