Wealth represents the accumulation of money and resources. However, a recent report revealed a worrying phenomenon. Global economic growth has slowed and inflation has increased, causing many people to shrink their net worth. Last year, total private net wealth fell by 2.5% year-on-year, which was the first decline since the 2008 financial tsunami. One of the wealthy areas.
According to the 2023 Global Wealth Report jointly released by UBS and Credit Suisse, private net wealth fell by 2.5% year-on-year last year, totaling US$454.4 trillion, the first decline since the 2008 financial tsunami. In addition, the per capita wealth and median wealth of Hong Kong people rank among the top three in the world, while the per capita wealth of the mainland has dropped by 2.2%.
The following two pictures list the wealth of each place respectivelyaverageandmedianranking:
▼Click the picture to enlarge
Switzerland tops list for wealth per capita
The average wealth of the Swiss ranks first in the global rankings, reaching US$685,200 (approximately HK$5.34 million), followed by the United States at US$551,350 (approximately HK$4.3 million), and Hong Kong ranks third at approximately US$551,190 (approximately HK$5.34 million). 4.299 million Hong Kong dollars). The second most in Asia is Singapore’s 382,900 US dollars, and Hong Kong is 43% more than it.
In terms of median wealth, Belgium has the highest median wealth of US$250,000 (approximately HK$1.95 million), Australia ranks second at US$247,000 (approximately HK$1.93 million), and Hong Kong ranks third at 202,000 US dollars (about 1.58 million Hong Kong dollars).
Hong Kong is the only region where both rank among the top three
Hong Kong is the only region that ranks in the top three in both data, and the decline is smaller than other top regions. Last year, the average wealth value of Hong Kong fell by 0.37%, the per capita wealth decreased by 16,900 Hong Kong dollars, and the median wealth fell by about 1,014 Hong Kong dollars.
In Mainland China, the total household wealth was US$84.485 trillion (approximately HK$659 trillion) last year, a year-on-year decrease of 1.7%; the average wealth per adult fell by 2.2% to US$75,731 (approximately HK$590,000).
Russia’s fastest-growing wealth
Last year, the number of millionaires worldwide was 59.4 million, a decrease of 3.5 million from the previous year. Wealth losses were mainly concentrated in Europe and North America, with a total loss of about US$10.9 trillion (about HK$8.5 billion), while the Asia-Pacific region lost about US$2.1 trillion (about HK$1.64 billion). North America lost about $7.2 trillion, with the U.S. losing the most, followed by Japan and China. Russia, Mexico and India are among the countries with the fastest growth in wealth, especially Russia, which is subject to European and American sanctions. Due to the strengthening of the ruble, the wealth of local households has increased significantly, adding 56 millionaires last year.
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2023-08-19 03:00:00
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