Last year 2021, the number the rich would have increased rapidly last year. This happened because many people made profits from rising stock prices and real estate prices.
According to a report by Credit Suisse, 5.2 million people have become newly rich. Half of them come from the United States (US).
“It’s an increase in the number the rich the greatest,” he wrote, as quoted by CNN, Thursday (9/22/2022).
Credit Suisse also estimates that the number of billionaires worldwide will reach 62.5 million by the end of 2021.
In total, the amount of global wealth reached US$463.6 trillion at the end of last year. This figure increased by 9.8%.
Some countries with large economies, such as the United States (US) and China, saw the biggest gains. Next come Canada, India and Australia.
This condition is said to widen inequality in the world. In 2020, the number of poor people in the world will increase significantly in more than 20 years.
The poverty rate has only slightly decreased. Credit Suisse predicts that many people will live in extreme poverty this year.
“This is due to the prolonged effects of the pandemic, the war in Ukraine and rising inflation,” he said.
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