Xinhua News Agency, Beijing, September 21st. The latest survey report of Credit Suisse shows that the number of ultra-high net worth people in the world hit a new high in 2021, but at the same time, middle- and low-income people affected by factors such as the new crown epidemic are still struggling to cope with the rise in food and energy prices.
The British " Guardian " quoted the content of the Global Wealth Report on the 20th, reporting that the number of ultra-high net worth people with assets of more than US$50 million increased by 46,000 in 2021, reaching a record 218,200, an increase of 21% from the previous year. These people mainly benefited from soaring house prices and boom in the stock market. The report notes that the number of ultra-high net worth individuals has increased by more than 50% over the past two years. These people account for about four-tenths of the global population.
This is the euro and dollar notes taken in Madrid, Spain on August 23. (Photo by Meng Dingbo, Xinhua News Agency)
In addition, the number of people with assets exceeding one million US dollars increased by 5.2 million to 62.5 million, with a growth rate of about 9%.
"In a low interest rate environment, the recovery of macroeconomic activity has created unusually favorable conditions for the growth of household wealth in 2021," the report said. "The strong rise in financial products has led to continued inequality in 2021."
Credit Suisse estimates that global wealth increased by 9.8% by the end of 2021 compared with the previous year, but these wealth is not evenly distributed. The world's richest 1% of the population achieved continuous growth in wealth for the second year, and its share of total global wealth in total increased from 43.9% in 2019 to 45.6% in 2021.
This is a US dollar note taken in Washington, USA on July 31, 2019. (Photo by Liu Jie, Xinhua News Agency)
At the same time, there are 2.8 billion, or 53% of adults around the world, with assets less than US$10,000.
However, the report also pointed out that due to the rapid development of emerging markets, in the long run, wealth distribution in this century has actually improved compared with before.
reported that by the end of 2021, the number of adults with assets between $10,000 and $100,000 reached about 1.8 billion, accounting for 33.8% of the global adult population, far higher than 504 million in 2000. This reflects the continuous development of emerging markets and the growing middle-class population. (Jing Jing)
