GITNUX MARKETDATA REPORT 2024

Must-Know World Wealth Statistics [Latest Report]

Highlights: The Most Important World Wealth Statistics

  • The global wealth is estimated at around $420.24 trillion in the year 2021.
  • The top 1% of the world’s population holds around 44% of global net worth.
  • The global UHNW (Ultra-High Net Worth) population, with wealth over $30 million, reached 521,653 individuals in 2020.
  • The number of millionaires worldwide increased by 5.2 million to 56.1 million in 2020.
  • The wealth of billionaires reached $10.2 trillion in 2020, surpassing its previous peak in 2017.
  • The number of high net worth individuals (HNWIs) reached 20.4 million in 2021.
  • The global wealth per adult reached $77,309 in 2020, a record high.
  • Global female billionaires’ wealth increased by 19% in 2020.
  • The world’s richest 500 individuals added $2.2 trillion to their net worth in 2021.
  • The richest men in the world, Elon Musk and Jeff Bezos, have a combined net worth of over $450 billion as of January 2022.
  • Approximately 86% of global wealth is held by individuals who are 40 years or older.
  • The wealth of the world’s top 10 richest individuals increased by 66% from March 2020 to January 2022.
  • In 2021, the world has seen the highest increase in millionaires, with a 17% jump compared to the previous year.
  • The real estate market accounts for about 49% of the world’s wealth.
  • India is expected to have the fastest-growing ultra-rich (UHNW) population with a growth rate of 63% by 2025.
  • The total wealth of global middle-income earners ($10,000-$100,000) is estimated at around 54% of global net worth.
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The world’s wealth is an ever-evolving landscape, with new trends and statistics emerging every year. In 2021, the global wealth was estimated at around $420.24 trillion according to Credit Suisse Global Wealth Report. The United States holds 29.4% of the total share among individual countries while the top 1% of population owns 44% of net worth globally. Ultra-High Net Worth (UHNW) individuals have a combined wealth over $30 million and their number reached 521,653 in 2020 as per Knight Frank’s report on global wealth trends for 2021.
Millionaires worldwide increased by 5.2 million to 56 million last year whereas billionaires’ collective fortune surpassed its previous peak in 2017 reaching 10$2 trillion according to UBS Billionaire Insights report 2020/2021 edition . China has been leading country for creating millionaires with 1 65million added just within one year as reported by Visual Capitalist website . High Net Worth Individuals (HNWIs) numbered 20 4million this year , technology sector being fastest growing contributor representing 56 %of all global assets followed closely by real estate market which accounts for 49%. India is expected to witness highest growth rate 63 %in ultra rich population till 2025 says Knight Frank’s research paper on Global Wealth Trends 2021 . Middle income earners ($10 000-$100000 ) hold 54 percent of total net worth across globe states World Economic Forum article from 2016 titled “Where does our Wealth come From? ” Lastly , Forbes Real Time Billionaires list shows that two richest men Elon Musk & Jeff Bezos together own more than 450 billion dollars making them wealthiest people alive today .

The Most Important Statistics
The global wealth is estimated at around $420.24 trillion in the year 2021. This statistic is a telling indication of the immense wealth that exists in the world today. It serves as a reminder of the vast disparities between the haves and the have-nots, and the need for greater economic equality. It also highlights the potential for economic growth and development, and the need for governments and businesses to work together to ensure that the wealth is shared more equitably. In short, this statistic is a powerful reminder of the importance of understanding and addressing global wealth disparities. The top 1% of the world’s population holds around 44% of global net worth. This statistic is a stark reminder of the vast inequality that exists in the world today. It highlights the fact that a small portion of the population holds a disproportionate amount of wealth, while the majority of the world’s population struggles to make ends meet. This inequality has far-reaching implications, from the ability to access basic necessities to the ability to pursue educational and career opportunities. It is a sobering reminder of the need for greater economic justice and a more equitable distribution of resources.

World Wealth Statistics Overview

The global UHNW (Ultra-High Net Worth) population, with wealth over $30 million, reached 521,653 individuals in 2020.

This statistic is a telling indication of the current state of global wealth. It reveals that the number of individuals with wealth over $30 million has grown significantly, demonstrating the increasing concentration of wealth among the ultra-wealthy. This is an important insight for anyone interested in understanding the current dynamics of global wealth and its implications for the world.

The number of millionaires worldwide increased by 5.2 million to 56.1 million in 2020.

This statistic is a telling indication of the current state of the world’s wealth. It shows that despite the economic downturn caused by the pandemic, the number of millionaires has still increased. This is a testament to the resilience of the global economy and the ability of the wealthy to weather the storm. It also serves as a reminder of the growing inequality between the rich and the poor, and the need for governments to take action to address this issue.

The wealth of billionaires reached $10.2 trillion in 2020, surpassing its previous peak in 2017.

This statistic is a stark reminder of the immense wealth gap that exists in the world today. It highlights the fact that the world’s wealthiest individuals have been able to accumulate an unprecedented amount of wealth, while the majority of the world’s population continues to struggle to make ends meet. This statistic is a powerful reminder of the need for greater economic equality and social justice.

The number of high net worth individuals (HNWIs) reached 20.4 million in 2021.

This statistic is a telling indication of the current state of global wealth. It demonstrates that the number of HNWIs has grown significantly in 2021, indicating that the world’s wealthiest individuals are continuing to accumulate wealth. This is an important statistic to consider when discussing world wealth statistics, as it provides insight into the current economic landscape and the distribution of wealth across the globe.

The global wealth per adult reached $77,309 in 2020, a record high.

This statistic is a testament to the remarkable progress made in global wealth over the past year. It highlights the fact that, despite the economic challenges posed by the pandemic, the world’s wealth has continued to grow. This is an important indicator of the overall health of the global economy and provides a valuable insight into the current state of the world’s finances.

Global female billionaires’ wealth increased by 19% in 2020.

This statistic is a powerful indicator of the growing economic power of women in the world. It shows that despite the economic downturn caused by the pandemic, female billionaires were able to increase their wealth by 19%, demonstrating their resilience and ability to thrive in difficult times. This statistic is a testament to the progress that has been made in terms of gender equality and highlights the importance of continuing to strive for greater economic parity between men and women.

The world’s richest 500 individuals added $2.2 trillion to their net worth in 2021.

This statistic is a stark reminder of the immense wealth gap that exists in the world today. It highlights the fact that the world’s richest 500 individuals have seen their net worth increase by an astonishing $2.2 trillion in 2021 alone, while the majority of the world’s population continues to struggle to make ends meet. This statistic serves as a powerful reminder of the need for greater economic equality and social justice.

The richest men in the world, Elon Musk and Jeff Bezos, have a combined net worth of over $450 billion as of January 2022.

This statistic is a stark reminder of the immense wealth gap between the world’s richest and the rest of the population. It highlights the fact that the two wealthiest individuals have more money than many countries combined, and that the majority of the world’s wealth is concentrated in the hands of a few. This statistic is a powerful illustration of the need for greater economic equality and a fairer distribution of resources.

Approximately 86% of global wealth is held by individuals who are 40 years or older.

This statistic is a telling indication of the generational wealth gap that exists in the world today. It highlights the fact that the majority of global wealth is concentrated in the hands of those who are 40 years or older, leaving younger generations with fewer resources to build their own wealth. This has significant implications for the future of global wealth distribution and economic stability.

The wealth of the world’s top 10 richest individuals increased by 66% from March 2020 to January 2022.

This statistic is a powerful indicator of the immense wealth accumulation that has occurred in the world’s wealthiest individuals over the past two years. It speaks to the widening gap between the rich and the poor, and the growing disparity in access to resources and opportunities. It is a stark reminder of the need for greater economic equality and social justice.

In 2021, the world has seen the highest increase in millionaires, with a 17% jump compared to the previous year.

This statistic is a testament to the fact that 2021 has been a year of unprecedented wealth accumulation. It highlights the growing gap between the rich and the poor, and serves as a reminder of the need for greater economic equality. It is also a sign of the changing economic landscape, with more people becoming millionaires than ever before. This statistic is an important indicator of the current state of the world’s wealth, and should be taken into consideration when discussing global wealth statistics.

The real estate market accounts for about 49% of the world’s wealth.

This statistic is a powerful indicator of the immense influence the real estate market has on the global economy. It highlights the importance of the real estate sector in terms of its contribution to the world’s wealth, and serves as a reminder of the potential for growth and investment opportunities in this area.

India is expected to have the fastest-growing ultra-rich (UHNW) population with a growth rate of 63% by 2025.

This statistic is a telling indication of the increasing wealth of India, and its potential to become a major player in the global economy. It speaks to the potential of India’s ultra-rich population to become a major force in the world of wealth and finance, and the opportunities that this could bring to the country. As such, it is an important statistic to consider when discussing world wealth statistics.

The total wealth of global middle-income earners ($10,000-$100,000) is estimated at around 54% of global net worth.

This statistic is a powerful indicator of the vast disparity between the global middle-income earners and the rest of the world’s population. It highlights the fact that the majority of the world’s wealth is concentrated in the hands of a small minority, leaving the majority of the population with a much smaller share of the pie. This statistic is a stark reminder of the need for greater economic equality and social justice in order to ensure a more equitable distribution of wealth.

Conclusion

The world’s wealth is an ever-changing landscape, with new millionaires and billionaires being created every year. The global wealth in 2021 was estimated at around $420.24 trillion, of which the United States held 29.4%. This figure is largely driven by the top 1% of the population who hold 44% of net worth globally. In 2020, there were 521,653 Ultra High Net Worth individuals (UHNW) worldwide and 56 million millionaires – a record high for both categories due to increased technology investments and growth in China’s millionaire population respectively. Billionaires’ collective wealth also reached its highest peak yet at $10.2 trillion that same year while 86% of all global wealth belongs to those aged 40 or older as well as 54% belonging to middle-income earners ($10k-$100k). Finally, real estate accounts for 49%, making it one of the largest contributors towards total global assets; India has been identified as having one of fastest growing UHNW populations too with 63% expected growth rate by 2025

Overall these statistics demonstrate how quickly our economic landscape can change over time – from increasing numbers within certain demographics such as female billionaires whose combined net worth rose 19%, to Elon Musk & Jeff Bezos’s joint fortune surpassing $450 billion this January 2022 alone – highlighting just how much potential lies ahead when it comes to creating more opportunities for financial success across different countries and sectors alike

References

0. – https://www.inequality.org

1. – https://www.cnbc.com

2. – https://www.businessinsider.com

3. – https://www.credit-suisse.com

4. – https://www.forbes.com

5. – https://www.worldometers.info

6. – https://www.knightfrank.com

7. – https://www.bloomberg.com

8. – https://www.newworldwealth.com

9. – https://www.ubs.com

10. – https://www.weforum.org

11. – https://www.uwidata.com

FAQs

What is the current estimated total global wealth?

As of 2021, the total global wealth is estimated to be around $418 trillion.

Which country holds the largest share of global wealth?

The United States holds the largest share of global wealth, accounting for approximately 29.4% of the world's wealth.

What is the Gini coefficient, and how does it relate to wealth distribution?

The Gini coefficient is a metric used to measure income inequality within a population, with values ranging from 0 (perfect equality) to 1 (perfect inequality). It helps to understand the distribution of wealth within a country or across the world.

Which region has the highest wealth per adult on average?

As of 2021, North America has the highest wealth per adult, with an average of $512,772.

What is the relationship between wealth and income inequality?

Wealth and income inequality are related, but not identical concepts. Income inequality refers to the uneven distribution of income among a population, while wealth inequality refers to the uneven distribution of assets and net worth. In general, higher income inequality tends to lead to higher wealth inequality, as those with higher incomes are more likely to accumulate assets and increase their net worth over time.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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