Tuesday, September 25, 2018
Advertisement

Swiss are the ‘richest’ people in the world

Swiss are the ‘richest’ people in the world
November 22
19:28 2016
Advertisement

The Swiss are the richest people in the world, with an average wealth of $561,900 per adult, Credit Suisse said in its annual global wealth report on Tuesday.

This confirms Switzerland’s top ranking for the 16th year in a row.

People in the United States trailed with assets worth $344,700, followed by the British average net worth of $288,800, the major Swiss bank said in Zurich.

The depreciation of the pound that followed Britain’s vote to leave the EU has wiped out a total $1.5 trillion of the country’s total privately held assets, Credit Suisse noted.

For the first time since the global financial crisis of 2008, the global average wealth per adult stagnated in 2016, at $52,800.

The report also showed that the share of people’s non-financial assets as part of their household wealth has increased for the first time this year since 2008.

Rising real estate prices have added to private wealth in several countries including Germany, according to the report.

The group of super-rich people, who own at least $50 million, rose by 4,100 individuals to a total of 140,900 over the past year, driven by increases in Asian countries.

RECEIVE ALERTS FROM THECABLE

BBM CHANNEL C0038F78B
WHATSAPP 08113975334
TWITTER @thecableng
Copyright 2018 TheCable. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from TheCable.
Tags
Advertisement

Social Comments

0 Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Write a Comment

Your email address will not be published.
Required fields are marked *

*

Advertisement
Advertisement

Exchange Rates

September 24, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement