Worldwide, the number of people with net wealth of $5 million or more grew 9% in 2017 and the number of people with net wealth of over $500 million rose 11%.
The report also shows the number of ultra-rich people, with net worth of $50 million or more, climbed 10% in 2017, and the total number reached 129,730 people with a combined wealth of $26,4 trillion.
Solid forecasts of wealth experts show a 40% increase in wealth of ultra-rich people, until 2022.
North America remains the world’s richest region, hosting approximately 34% of the ultra-rich, namely, more than 44,000, while Europe, with 35,180 ultra-rich people lost the second spot, which is held by Asia with 35,880 ultra-rich people.
The calculation methodology of the study considered the GDP growth, the performance of stock markets and of other investments, as well as the wealth distribution trends. Currency also plays an important role.
Data are expressed in American dollars, therefore, exchanges between local currencies and the dollar also had an impact.