Opalesque Industry Update - Wealth-X has released key highlights from its 2015-2016 Billionaire Census revealing a record number of billionaires, globally. The third edition of this preeminent report indicates that there are 2,473 total billionaires in the world, representing a combined wealth of US$7.7 trillion. These figures illustrate a 6.4% and 5.4% increase since 2014, respectively. Driven by Wealth-X’s unparalleled collection of hand curated dossiers on the ultra high net worth (UHNW) population, the 2015-2016 Billionaire Census contains detailed analysis on the billionaire profile with a focus on geography, lifestyle, social networks, philanthropic behaviors, motivations and legacy. Wealth-X defines UHNW individuals as having at least US$30 million in personal wealth (net worth) and billionaires as having a net worth of US$1 billion or greater. While there is only one billionaire for every 2.95 million people on the planet, their wealth has a tremendous impact on the global economy. In 2015, billionaires controlled 3.9% of the world’s total household wealth. While this figure is slightly down from 2014, when compared to equity market capitalisations, it would trail only the New York Stock Exchange (US$17 trillion), and only the United States (US$17.9 trillion) and China (US$11.0 trillion) when compared to gross domestic product (GDP). Other key findings from the 2015-2016 Wealth-X Billionaire Census include: Billionaires and the Ultra-Wealthy
Net-Worth Diversification
Billionaire Gender Gap
Wealth Transfer
Career Movement
Global Growth Engines
Wealth-X’s leading team of market researchers and analysts leverage the company’s unrivalled database of global UHNW individuals to formulate the extensive wealth intelligence, insight and analysis contained in the Billionaire Census. Wealth-X researchers use a proprietary valuation model to assess all asset holdings, including privately and publicly held businesses and investable assets, to develop each individual Net Worth Valuation. In addition, each Wealth-X dossier highlights an individual’s financial profile, passions and interests, known associates, affiliations, family members, biographies, news and much more. The global leader in wealth information and insight, Wealth-X partners with leading prestige brands across the financial services, luxury, not-for-profit and higher-education industries to fuel strategic decision-making in sales, marketing and compliance. Wealth-X boasts the the world’s most extensive collection of hand curated dossiers on the ultra wealthy and produces unparalleled high net worth market research. Founded in 2010, with more than 200 staff across North America, Europe and Asia, Wealth-X works with over 500 clients providing them with unique data, analysis, and counsel to drive business success. Article source - Opalesque is not responsible for the content of external internet sites |
Industry Updates
Wealth-X Billionaire Census reveals record numbers of billionaires
Wednesday, August 10, 2016
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