"BRICS Nations Set to Lead Global Surge in Millionaire Count by 2033"

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Source: CNBC
"BRICS Nations Set to Lead Global Surge in Millionaire Count by 2033"
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TL;DR Summary

A report by Henley & Partners predicts that the millionaire population in BRICS countries, including Brazil, Russia, India, China, and South Africa, will surge by 85% over the next decade, surpassing the growth in G7 countries. The BRICS bloc, which currently holds $45 trillion in investable wealth, is expected to challenge the world order and establish itself as a powerful rival to the G7 and other international institutions. India is projected to lead the wealth expansion, with an estimated 110% jump in wealth per capita by 2033, followed by Saudi Arabia, the UAE, China, and Ethiopia.

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