The total wealth of all dollar millionaires in the world increased by 4.7 percent by the end of 2023. writes about this Interfax Referring to the Annual World Wealth Report.
The report shows that the total capital of these people reached a record level of $86.79 trillion. In this way, dollar millionaires managed to regain the 3.6 percent decrease in their total wealth in 2022.
At the same time, the wealth of dollar millionaires increased most in North America. The relevant figure increased by 7.2% and reached 27.5 trillion dollars. The total capital of Asian rich people, who ranked second in the ranking, increased by 4.2 percent and reached 25.7 trillion dollars.
At the end of last year, the total wealth of dollar millionaires in Europe reached $18.9 trillion; This is 3.9% more than in 2022. In the Middle East and Latin America, this figure increased by 2.9% and 2.3% respectively. Currently, the total net worth of rich people in these parts of the world is $3.5 trillion and $9.4 trillion respectively.
However, a different picture is observed in African countries. The total wealth of local dollar millionaires fell 1% to $1.8 trillion.
In total, by the end of 2023, the number of dollar millionaires worldwide reached 22.828 million people. Their numbers increased by 5.1% compared to the previous year.
Previous analysts reported About the decrease in the number of dollar millionaires in the Russian Federation.
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Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.