In the second Corona year 2021, the number of rich people increased significantly in Austria and worldwide. The club of dollar billionaires has grown by eight percent, so that more than 176,000 people in Austria now have more than one million euros in “investable assets”, said the consultant Capgemini in its current and annual “World Wealth Report”.
Assets include shares, fixed-income securities, alternative investments such as private equity, cash and real estate, provided they are not used by the individual. This does not include collections or consumer goods. Largely thanks to the economic recovery and higher stock prices, the very wealthy accumulated more wealth in 2021.
According to Capgemini, the global number of people with investable assets of at least one million US dollars rose by 7.8 percent to 22.5 million last year. In 2021, their assets also grew by eight percent compared to the previous year to a record value of 86 trillion dollars (around 82 trillion euros). The wealth of the ultra-rich grew even faster, by 9.1 percent.
Most dollar millionaires in 2021 came from the US, Japan, Germany and China. 63.6 percent of all dollar millionaires worldwide are concentrated in these countries. In Germany there was an increase of 6.4 percent to 1.63 million people, that is around 100,000 new dollar millionaires. “It’s steadily going uphill when we review the last few years,” said Capgemini expert Klaus-Georg Meyer.
The composition of the dollar millionaires is becoming more diverse, with proportionately more and more women among the millionaires. In the next two generations, 70 percent of the world’s wealth will be inherited by women of all wealth classes, the consultants said. Millionaires attach particular importance to fee transparency and data security.
Source: Nachrichten
