Global Wealth Reaches New Heights with Combined Wealth of HNWIs Hitting $86.8 Trillion
A recent study reveals an unprecedented increase in global wealth, driven by booming stock markets. The number of "high net worth individuals" (HNWIs), defined as those with liquid assets of at least $1 million, rose by 5.1% to 22.8 million in the past year, according to consulting firm Capgemini. The...