SOYMB reads that Credit Suisse, a Swiss bank, in October, its research institute issued a report on the world’s disposable cash. This put a figure on “global wealth”at $200 trillion. It also put a figure on “global government debt”- $45 trillion.
The report said there are 4.4 billion adults on the planet and about 10 million are what the bank calls ultra “high net worth individuals” (HNWIs). Between them, they can lay hands on at least $39 million millions . That is $39 trillion known to be in private hands. Some three million Americans have 31% of the £39 trillion. The UK also have around three million HNWIs. Their collective wealth is calculated at $9.5 trillion, a 14.2% increase in 2009.
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