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World Wealth Report 2007

 
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World Wealth Report 2007

"On behalf of Merrill Lynch and Capgemini, we are pleased to present the 2007 World Wealth Report. This is our 11th annual in-depth look at changes in the high net worth marketplace, which includes our read of macroeconomic factors shaping the behaviors of wealthy individuals around the globe, and our insight as to what is driving growth in the industry."

Driven by a strong global economy, the wealth of the world's high-net-worth individuals (HNWIs) increased 11.4 percent to US$37.2 trillion in 2006, according to the 11th annual World Wealth Report, released today by Merrill Lynch (NYSE: MER) and Capgemini. The number of HNWIs in the world increased 8.3 percent in 2006 to 9.5 million and the number of ultra-high-net-worth individuals (Ultra-HNWIs) grew by 11.3 percent to 94,970.

Emerging economies proved resilient, with continued growth in their HNWI populations and solid investor cash flow to riskier corners of the market. The largest growth of the HNWI population occurred in Singapore and India, where the increases over 2005 was 21.2 and 20.5 percent, respectively. The Report suggests that economic growth will slow in 2007 as mature economies grow more moderately.




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Tags: World, Report, growth, Wealth, percent