Home » Business » Millionaires in Italy are 1.5 million: in the year of Covid they increased by 187 thousand. While the poor rose by 20%

Millionaires in Italy are 1.5 million: in the year of Covid they increased by 187 thousand. While the poor rose by 20%

Other than crisis: the pandemic does the fortuna of the most rich. Also in Italy, where today according to Global Wealth Report 2021 from Swiss credit was concentrated at the end of 2020 on 3% of all “scroungers” of the world: 1,480,000 people, an increase of 187 thousand compared to 1.293.000 millionaires (in dollars) counted in 2019. Not only that: in the year of Covid they increased to 3.560 (785 more than the year before) also multimillionaires with assets above 50 million dollars. An increase, explains the document drawn up in June by the Swiss investment bank, which testifies once again how the health emergency has increased theiniquity in the distribution of wealth among the national population. In fact, the year of the pandemic also saw the number of people in absolute poverty. In Italy second l’State have risen to 5.6 million, + 20% compared to the previous year. Globally the World Bank estimate in 119 million the minimum number of new poor people created by Covid in the world, an unprecedented figure (see below the infographic from the August issue of Fq Millennium).

INFOGRAPHIC taken from the August issue of the monthly Fq Millennium, directed by Peter Gomez

As the report cited today by Free, it is a phenomenon to be framed within a broader context trend global. Thanks to the strong rebound achieved by the financial markets starting from June, when the first measures to support the economy by governments and central banks became operational, the global number of millionaires And increased by 10% (5.2 million) in 2020 reaching i 56.1 million. The 42% are located in North America, where the Usa alone they added 1.7 million new millionaires in 12 months, reaching 22 million, 28% in Europe and 17% in Asia-Pacific (excluding China and India, where the middle class is growing exponentially) .

The same dynamic also involved the rich among the rich, that is, those who own over 50 million dollars, whose share of the total of scroungers is increased by 24% recording the largest rate of growth since 2003. There are therefore approximately 215 thousand i billionaires in circulation, a miserable 1.1% of the population on the planet which alone, however, holds almost half of the entire global wealth, equal to 191.6 trillion dollars. Twenty years ago their piece of the pie was worth “only” 41.5 trillion.

In this context, even theItaly marks his personal record. In the Peninsula, the incidence of millionaires on the world total increased (almost) steadily and progressively, going from 0.9% in 2000 to 2% in 2005, from 2.9% in 2010 to 2.5% in 2015 and then reaching the current 3%. In short, in 20 years marked by a general impoverishment of the country, they have been created 1.480 rich with the consequence that the 22,2% of the share of the country’s total wealth is in the hands of only 1% of the total population. In 2019 it was the 21,8%. All these while according to Istat poverty statistics in 2020 the Italian families in absolute poverty increased by 20%, reaching altitude 2 millions (for a total of 5.6 million individuals). They rank in the first three places Giovanni Ferrero, CEO of the group of the same name, with an estimated assets that are around 35.1 billion dollars, the patron of Luxottica Leonardo Del Vecchio, 25.8 billion, e Stefano Pessina (Alliance Boots), whose wealth is close to i 9.7 billionthe. At the foot of the podium, among others, Silvio Berlusconi a quota 7.7 billion.

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