The number of millionaires globally will grow by 40% in the next five years, even as rising rates and Russia’s war in Ukraine are sinking asset classes and private fortunes this year.
By 2026, there will be more than 87.5-million people with at least $1m (about R18m) in wealth, up from 62.5-million in 2021, according to Credit Suisse Group’s Global Wealth Report 2022 released this week...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
