Thursday, 7th March 2013
The Wealth Report 2013
Source: Knight Frank
From Onwards and Upwards:
It has now been six years since the initial signs of the financial crisis started to emerge, but the global economy is still feeling the effects. In 2012, economic growth slipped to its lowest level since 2009.
While the signs are that growth will pick up this year, many major economies are still performing well below trend, with some struggling to achieve any improvement in economic output at all. But despite this gloomy economic backdrop, there was still room for wealth creation in 2012.
The number of people with US$30m or more in net assets (referred to throughout this report as HNWIs) rose by 5% last year, or nearly 8,700...
The combined wealth held by HNWIs also grew by 2%, or US$566bn, to just over US$26tr in 2012. Over the next 10 years, 95,000 people are forecast to break the US$30m wealth barrier – a cumulative 50% rise, which will take the total number of HNWIs across the globe to around 285,665.
The Wealth Report provides the definitive global perspective on prime property and wealth. It includes a guide to the performance of the world’s key luxury residential markets and HNWI growth forecasts over the next decade for over 80 countries and cities.
(Note: HNWI = High Net Worth Individual)
+ Link to report from this page (PDF; 8.4 MB)
By Adrian Janes
Having begun his career in academic libraries, Adrian Janes is currently an Information Services Librarian with the London Borough of Havering.
In this role, he has particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by Free Pint Ltd. in 2007. He is also involved in training and publicising online reference resources and is a regular contributor to DocuTicker.
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