No. of Recommendations: 8
Link to report...I like the Credit Swiss Global Wealth Report.
ubs.com - Global wealth reportThere is both a report and (for the real data geeks) an accompanying data book for each year if you scroll down. Lots of stuff if you can't sleep. e.g., average household wealth in Canada is only 70% of US, but median household wealth is 162% of US. See previous comment about there being a small number of very very rich folks in the US!
Sadly they've moved the goalposts on us, "ultra high net worth individual" is now defined as over US $50 million, or as I like to think of it, 80.83 A-shares. I think it was $30m a couple of years ago, and I think I remember it being $20m at some point.
They put the global count of US dollar millionaires at 59,400,000 at end 2022, and global average wealth at $84,718.
Jim
