The Rich still got richer and more numerous


The Merryl Lynch/Cap Gemini Wealth report for 2008 is out looking back at 2007 statistics As of 2007 there are 10.1 millionaires in the world, which is an increase of 600,000 over 2006.

HNWI wealth grew by 9.4%, to US$40.7 trillion—a slight deceleration from the 11.4% growth witnessed in 2006. The largest regional gains in wealth were in Latin America and the Middle East, up by 20.4% and 17.5%, respectively. For their part, Ultra-HNWIs (those with over 30 million in assets not including their primary house) posted the highest gains of any “wealth band,” both in population, up 8.8%, and total assets, up 14.5%.


FURTHER READING
Prior wealth chart update

2007 2006 2005 2004 Wealth Amount
8 5 3 2 US$30B+ Forbes list (which mainly catches owners
77 67 49 32 US$10B+ of public assets, can underestimate some
203 167 124 102 US$5B+ like CTO of Cisco, who may be billionaire
1125 946 793 691 US$1B+ from cisco stock + large startup positions)
10,000 9400 8200 7500 US$160M+ (my own estimate)
103,300 95,000 85400 77500 US$30M+ (UHNW, ultra high net worth class)
990,000 (e)930,000 820000 745000 US$5 to 30M
9.3M 8.6M 7.8M 7.4M US$1-5M Global number, US number 33% (2.6 million)
10.1M 9.5M 8.7M 8.2M US$1M+ Global number, US number 33% ( 2.6 million)
28M ~26M ~24M ~22M US$500K-1M doesn’t include primary residence, (estimate)

The 2007 world wealth report

Future wealth projection

What countries should do to win for their people

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