Thursday, October 16, 2014

Surprises from the 2014 Global Wealth Report

1. Wealthy French:
"Although just 1.1% of the world's adults live in France, in terms of aggregate household wealth in current USD, it ranks fourth among nations --behind China and just ahead of the U.K. [...] This reflects the high average net worth of French households, rather than unusually high wealth inequality."
Here's a count of the world's millionaires, by country. France ranks second.

2. Wealth inequality fell, between 2000 and 2014, in: Switzerland, Denmark, Germany, Japan, Philippines, France, Colombia, Canada, Mexico, Malaysia, New Zealand, Singapore, Saudi Arabia, and Poland.
Moreover, among the G7, only the U.K. recorded rising inequality.

That's from Credit Suisse's Global Wealth Report 2014.

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