The Millionaire Crisis: 2022 Wealth Report and Market Analysis by Capgemini

2023-06-02 16:52:22

It’s the crisis for everyone, and even the millionaires leave feathers there. Even if they still have enough to live comfortably. Thus, in 2022, Capgemini identified 21.7 million millionaires worldwide, or 3.6% less than in 2021, according to a study identified by our colleagues from paper jam. Their combined wealth has lost 3.6%.

War in Ukraine, inflation, explosion of interest rates… the rich are also suffering from the current international environment. In 2022, some 18 trillion dollars have evaporated on the stock markets. The number of millionaires is therefore declining almost everywhere in the world, except in Africa, the Middle East, and South America.

In Luxembourg, Capgemini had 45,800 millionaires in 2022, or 0.7% less than the 46,200 in 2021. Their fortunes also fell, by 1.6%, to $ 135.5 billion. accumulated. According to Capgemini, the real estate price crisis may partly explain this decline. There still remains 2.95 million euros, on average, for each millionaire in Luxembourg. What a good end to the month…

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