[Zurich 21st Reuters]-The latest survey by Swiss financial giant Credit Suisse revealed that the number of wealthy people in China exceeded the number of wealthy people in the United States for the first time.
Credit Suisse published the results of this year's survey on millionaires (adults with assets of more than US $ 1 million), which is conducted every year. According to it, as of mid-year, 100 million Chinese were ranked in the top 10% of the world, surpassing the US ’s 99 million.
“The US and China are worth $ 3.8 trillion and $ 1.9 trillion, respectively, despite the ongoing trade friction,” said Nanette Heschler Federb, global head of economic and research at Credit Suisse. ”Was pointed out.
The estimated number of millionaires was 46.8 million, an increase of 1.1 million from the previous year. Net assets totaled $ 158.03 trillion, accounting for 44% of the world total.
World wealth has increased 2.6% over the past year. Credit Suisse expects global wealth to grow by 27 percent over the next five years, reaching $ 459 trillion by 2024. The number of millionaires is expected to increase to nearly 63 million over the next five years.
