The number of millionaires fell worldwide in 2022

2023-08-16 09:02:00

THE FIGURE OF THE WEEK. According to a study by UBS, the poor performance of the stock markets explains the decline, unprecedented since 2008, in the fortunes of households on a global scale.





By PD for Le Point.fr

According to UBS estimates, the average individual wealth of each adult has fallen worldwide in 2022 by $3,198, or 3.6%, to stand at $84,718 at the end of December.
According to UBS estimates, the average individual wealth of each adult fell worldwide in 2022 by $3,198, or 3.6%, to stand at $84,718 at the end of December.
© DAVID HIMBERT / Hans Lucas via AFP

Selon the 14e edition of the “Global Wealth Report” published by the Swiss bank UBS, global household wealth stood at $454.4 trillion at the end of 2022, down $11.3 trillion over one year, i.e. a drop of 2.4%, the first since 2008 and the subprime crisis.

With losses estimated at $10.9 trillion, North America and Europe account for the bulk of this global decline in private wealth. This is mainly attributable to the poor performance of the stock markets and the fall in the value of financial assets (–19,000 billion dollars).

France at 12e world rank

According to UBS estimates, the average individual wealth of each adult fell worldwide in 2022 by $3,198, or 3.6%, to stand at $84,718 at the end of December. Switzerland tops this ranking, with wealth per adult of $685,230, ahead of the United States ($551,350), Hong Kong ($551,190), Australia ($496,820) and Denmark ($409). $950). With an average wealth of $312,230, France ranks twelfth in the world, behind Belgium ($352,810) but ahead of the United Kingdom ($302,780).

Finally, the report estimates the number of millionaires (in dollars) in the world at the end of 2022 at 59.4 million, 3.5 million less than a year earlier. It was in the United States that it fell the most (– 1.8 million), followed by Japan (– 466,000) and the United Kingdom (– 439,000) while on the other hand it increased by 120,000 in Brazil and 104,000 in Norway. At the end of 2022, France had 2,821,000 millionaires.

READ ALSOMillionaires in the world: France climbs on the podium


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