Asia-Pacific personal wealth growth soars ahead of US and Europe – Credit Suisse
The Asia-Pacific region has been a major contributor of global wealth growth during the past year, accounting for 36% of all global wealth creation since 2000, and 54% since January 2010, says Credit Suisse in its second annual Global Wealth Report released on October 19. In the next five years, global wealth is expected to rise by 50% to $345 trillion and wealth per adult to increase by 40% to reach $70,700, led by growth in emerging markets.
The report also finds there is considerable scope
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