Soaring asset prices have fueled the number of rich people on the planet. Forbes reported a record 1,645 billionaires on the planet in March who currently have an aggregate net worth of $6.6 trillion. There were 793 people on our list of the World’s Billionaires with a collective net worth is $2.4 trillion five years ago in the depths of the recession.
The 2014 KnightFrank World Wealth report indicates that there are 167,600 people in the world with over US$30 million in net worth and they have a collective net worth of $20.1 trillion.
High net worth individuals (HNWIs) have a net worth over US$1 million that does not count the principal residence.
At the end of 2013, there were just over 13 million HNWIs in the world. The United States of America had the highest number of HNWIs (just over 4 million) of any country.
Revisiting my wealth related predictions made in 2006 at nanotech-now.
Millionaires (HNWI 1-5 million) 20 million triple 2004 levels 2018-2020
Pentamillionaires (MNW 5-30 million) 2 million triple 2004 levels 2018-2020
Those predictions look to be on track.
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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