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Wednesday, June 25, 2024
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Money

How are the world’s richest doing?
June 20, 2024 08:30 GMT

How are the world’s richest doing?

A particular group of people did exclusively well in 2013 and that group consists of the super-rich people around the world.

 

Even though prices got higher, especially for luxury items which rose above inflation, their incomes also increased and, surprisingly, the number of super-rich got bigger.

 

1.76 more people joined the High Net Worth Individuals, making the group’s total number of members reach 13.7 million. Actually, they increased in numbers so much that a whole new category had to be made, the Ultra-High Net Worth Individuals.

 

This last category consists of people who, after removing all material assets they posses, they still have over 30 million to do what they please, while the conventional category only has one million left.

 

US is home to most of them, almost a third, followed by Germany, China and Britain.

 

Together, they control 38.6 trillion euros after they increased their wealth by 13.8%.