Number of global millionaires Hits 18.1 million.

The number of wealthy people in the world increased to 18.1 million to 16.5 million in 2016.

The combined wealth of the wealthy – those whose assets are worth at least $1 million (£750,000), with the exception of a primary residence – also reached a high of $70.2 trillion, due to the accelerated economic and securities market indicators in Asia and North America.

For the sixth consecutive year, the status of the richest people have risen from the total wealth 10.6 PC higher than last year, than in 2016, largely due to the growth in the United States, Japan, Germany and China, which together represent 61.2 PC of the global high net worth individual population.

Although the hnwi population of Europe increased…

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