Credit Suisse have just released their latest Global Wealth Databook 2013
The most interesting point is this diagram representing Global Wealth distribution:
If you have a net worth of over 1m USD then congratulations – you have done extremely well. You are in the top 0.7% of the Worlds Population. You lucky, lucky, lucky …. Staggering. Conversely almost 70% of the world have less than 10k USD wealth.
Here’s an interesting quote from the report:
Apart from the rich lists, which cover a relatively small number of named individuals, there is a scarcity of information on wealth holdings above USD 1 million. Survey details are patchy at best, and official statistics based on tax returns are often inadequate given the complexity of wealth ownership arrangements.
Download a copy of the PDF report here – its interesting reading. And while you are there grab a copy of the Global Wealth Report 2013 – it’s worth a skim too.
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