Thanks to the economic recovery and higher stock prices, the rich also accumulated more wealth. According to data from the consulting firm Capgemini, the 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 wealth grew by 8 percent year-on-year to a record $86 trillion. “It’s steadily going uphill when we review the last few years,” said Capgemini expert Klaus-Georg Meyer.
In Germany, too, the rich got richer last year. According to the information, the Club of Dollar Millionaires grew by almost 100,000 people or 6.4 percent to 1.63 million members. Their total wealth increased by 7.4 percent to around $6.3 trillion. In addition to rising share prices, a higher savings rate and the real estate boom also contributed to this.
Germany is thus still one of the countries with the most dollar millionaires. At the top are the USA (7.46 million), followed by Japan (3.65 million). China follows Germany in fourth place with 1.54 million wealthy individuals. Overall, 63.6 percent of all dollar millionaires worldwide are concentrated in these four countries.
Recently published studies on the subject come to a similar conclusion, even if the numbers are not identical due to differences in methodology. Capgemini’s annual World Wealth Report includes equities, fixed income, alternative investments such as private equity, cash and real estate when not used by the company. This does not include collections or consumer goods.
Source: Nachrichten
