Credit Suisse examines global household wealth trends, tracking growth, distribution, and inequality across regions while introducing new insights on gender wealth gaps. Wealth reached $317 trillion in 2018, yet the top 1% still controls a disproportionate share, raising questions about sustainability and inclusivity.
Global Wealth Report 2018
Credit Suisse
Anthony Shorrocks
Research
60 Pages
Key Takeaways
Global Wealth Expansion: Total wealth rose by $14 trillion to $317 trillion in 2018, a 4.6% increase that outpaced population growth and lifted average wealth per adult by 3.2%.
Rising Millionaire Count: The global millionaire population reached 42.2 million, increasing by 2.3 million in one year, highlighting continued concentration at the top of the wealth spectrum.
Extreme Wealth Concentration: The top 1% owns about 45% of global wealth while over 3.2 billion adults hold less than $10,000, underscoring persistent inequality across regions.