Tag

Global Wealth

All articles tagged with #global wealth

business14 days ago•2 min saved

Richest Americans Gain $2.2 Trillion Yet Lose Faith in the Dream

In 2025, the world's richest individuals added a record $2.2 trillion to their wealth, reaching nearly $12 trillion, driven mainly by big tech and AI. Despite this wealth surge, many ultra-wealthy are losing faith in the American Dream, with a declining percentage viewing North America as the top investment opportunity, and more looking towards Europe. Meanwhile, the number of millionaires worldwide has quadrupled since 2000, highlighting growing wealth inequality and changing perceptions of economic prospects.

via Yahoo Finance|

#american-dream #billionaires #business

world2 months ago•2 min saved

Global Wealth Inequality Crisis Worsens Amid Pandemic and Economic Disparities

A panel led by Nobel laureate Joseph Stiglitz warns of a global 'inequality emergency' driven by the transfer of over $70 trillion in wealth to heirs in the next decade, urging policy reforms and the creation of an International Panel on Inequality to address the widening gap between the rich and the rest.

via Common Dreams|

#global-wealth #inequality #international-panel-on-inequality

business6 months ago•3 min saved

US Gains Over 1,000 New Millionaires Daily in 2024

The US added over a thousand new millionaires daily in 2024, reaching 23.8 million, driven by strong Wall Street performance and a stable dollar, though recent market volatility may impact future growth. Globally, the millionaire population increased, with significant wealth concentration among the ultra-rich, but middle-class wealth is also expanding rapidly.

via CNBC|

#billionaires #business #global-wealth

economy6 months ago•1 min saved

US Adds 1,000 Millionaires Daily in 2024, Leading Global Growth

In 2024, over 379,000 Americans became millionaires, driven by strong stock markets and a stable dollar, making the US home to nearly 40% of the world's millionaires, with global wealth increasing but wealth disparity remaining significant.

via Times of India|

#economy #global-wealth #millionaires

business7 months ago•1 min saved

US Creates Over 1,000 Millionaires Daily Amid Wealth Boom

Over 379,000 Americans became millionaires last year, averaging more than 1,000 new millionaires daily, driven by strong markets and a stable dollar, with the US holding nearly 40% of the world's millionaires according to UBS's 2025 Global Wealth Report.

via The Daily Beast|

#business #global-wealth #millionaires

economy2 years ago•2 min saved

Global Wealth Plummets in First Decline Since 2008, but Future Outlook Appears Promising

Global wealth experienced its first decline since the 2008 financial crisis, with total private wealth falling by 2.4% to $454.4 trillion and wealth per adult dropping by 3.6% to $84,718 in 2022. The decline was primarily attributed to the appreciation of the U.S. dollar against other currencies, and wealth losses were concentrated in wealthier regions such as North America and Europe. Financial assets contributed most to the decline, while non-financial assets like real estate remained resilient. However, the report predicts a surge in global wealth by 38% over the next five years.

via Fox Business|

#economy #financial-crisis #global-wealth