Tuesday, September 18, 2012

Ultra Wealthy Individuals’ Wealth Surpasses Combined GDP of US and China




From Hedgeco: Hedge fund research resource Wealth-X has launched the latest edition of its World Ultra Wealth Report.  The world’s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach $25.8 trillion.

The world’s billionaire population grew by 9.4% to reach 2,160 individuals. Combined wealth attributable to billionaires grew by 14% to reach $6.2 trillion.

Asian ultra high net worth individuals combined wealth is expected to overtake that of the United States by 2025, seven years earlier than previously expected.

Collectively, wealth attributable to global ultra high net worth individuals (UHNWIs) surpasses the combined GDP of the world’s two largest economies, the United States and China...

http://www.hedgeco.net/news/09/2012/ultra-high-net-worth-individuals-wealth-surpass-combined-gdp-of-us-and-china.html

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