The world's rich continued to get richer over the last year, according to a report from The Boston Consulting Group .
Their figures show that globally, there is about $121.8 trillion in global wealth around the world today. The firm, which looks at investable global wealth assets like cash, money market, stocks and bonds, excludes from their calculations the value of a person's owned businesses, homes and luxury goods.
According to BCG's data, millionaire households represent just 0.9 percent of the global population, but control some 39 percent of the planet's wealth -- (up from the 37 percent in 2009.)
Those with $5 million or more, who represent 0.1 percent of the population, controlled 22 percent of the world's wealth, up from 20 percent in 2009.
ReplyDeleteMillionaires control 29% of North America's wealth, while millionaires control about 38% of the wealth in the Middle East and Africa.
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