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Asia Pacific leads wealth recovery
23 June 2010
The world’s high net worth individuals regained ground despite weakness in the world economy
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The world’s high net worth individuals regained ground
despite weakness in the world economy, according to the 14th annual World Wealth
Report, released today by Merrill Lynch Global Wealth Management and Capgemini.
Asia-Pacific HNWIs, who were especially hard hit in 2008, led the recovery in
2009.
The world’s population of HNWIs returned to 10 million in
2009 and HNWI financial wealth increased, posting a gain of 18.9% to $39
trillion. Ultra-HNWIs increased their wealth by...
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