Zillionaire, Controls 90% of Worlds Personal Wealth.

By Vasantha 

September 18,2022

The wealthiest 10% of individuals now hold 88% of all assets on the planet.

According to the annual Global Wealth Report from the Swiss bank Credit Suisse.

On the other hand, less than 1% of total wealth belongs to the bottom half of adults.

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Since 2008, increasing stock and financial asset prices, along with a stronger US currency, 

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Have all contributed to the rise in the percentage of the world's wealth held by the richest 1%. 

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Credit Suisse data show that the US continues to produce by far the largest number of new millionaires.

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With little over $101 trillion in wealth, North America is still by far the richest region in the world,

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and it is also the fastest-growing, along with India, which increased by 9.9%.

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