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Global Wealth Grew 27% to $280 Trillion in 2017 – Credit Suisse Research Institute

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Global Wealth Grew 27% to $280 Trillion in 2017 – Credit Suisse Research Institute

Global wealth has grown by 27% to $280 trillion since the global financial crisis in 2007.  The wealth held by an adult is $56,450, a new record high according the to Global Wealth Report 2017.

” Global wealth increased to $280 trillion, $56,450 per adult, 36 millionaires today “

Global wealth should continue to grow in the range of 3.8 to 3.9%, albeit at a slower rate than the previously estimated 5.4%.  Global wealth is also expected to grow from $280 trillion to $341 trillion, while merging economies is expected to represent 22% of global wealth by 2022.  There are 36 million people today, and this will increase to to 44 million in 2022.

The 2017 Global Wealth Report, in its 8th edition, is published by Credit Suisse Research Institute.

Source: Official Press Release

 

About Credit Suisse


Credit Suisse Official Logo ThumbnailCredit Suisse
(NYSE:CS) was founded in 1856 by Alfred Escher, under the name “Schweizerische Kreditanstalt.” The original purpose of the new bank known as SKA was to finance the expansion of the railroad network as well as the further industrialization of Switzerland. Fourteen years later, the bank’s first foreign representative office opened up in New York. In 1905, the bank’s first branch outside Zurich opened in Basel following the acquisition of Oberrheinische Bank. Today, it has a global reach with operations in over 50 countries and 48,200 employees from over 150 different nations. It serves its clients through three regionally focused divisions: Swiss Universal Bank, International Wealth Management and Asia Pacific. These regional businesses are supported by two other divisions specializing in investment banking capabilities: Global Markets and Investment Banking & Capital Markets.

  • Origin : Zurich, Switzerland
  • Assets : CHF 820.81 billion
  • Revenue : CHF 23.38 billion
  • Employees : 48,200


Official Website: www.credit-suisse.com

News & Media: Press Release

Updated on 8th August 2016




Are you a CEO, Entrepreneur, UHNW, HNW or Professional Investor searching for $3 million to $300 million financial services? Find corporate banks, private banks, loans, capital and more at The Financial Centre | TFC. Register here for private access.

Spending millions and months searching for $3 million to $300 million clients. Finding clients just got easier. Let CEOs & Entrepreneurs and UHNWs & HNWs find you in seconds. Learn more

Managing, investing and advising millions & billions of assets in Asia? Join more than 10,000 ++ leading financial professionals at Caproasia.com | Become a Caproasia user here or sign up for Newsletter here and join 6,000 ++ leading financial professionals.

Caproasia.com is the leading platform for information, data, research and resource for the financial industry in Asia. Collectively, they manage more than $20 trillion assets in Asia in Investments, Fund Management, Asset Management, Private Banking, Wealth Management, Multi-Family Office, Family Office, Private Equity and Hedge Funds.