Global middle class numbers over 1 billion based on having between $8,500 and $47,000 in net financial assets

The Allianz Global wealth report split all households/individuals into global wealth classes in order to analyze how wealth is distributed at the global level. The division is based on the average global net per capita financial assets, which came in at EUR 23,330 in 2015. The middle wealth (MW) class encompasses all individuals with assets …

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