Global private wealth exceeded $ 166 trillion in 2016, up 5 percent from a year earlier, according to the Boston Consulting Group's Global Wealth 2017 report.
As the rich increase in wealth, reap the benefits of globalization and economic recovery, the pace will accelerate in the coming years, bringing the total wealth of the wealthy to more than $ 220 trillion by 2021.
Global private wealth continued to grow steadily, increasing from $ 158.2 trillion in 2015 to 166.5 trillion last year, growing 5.3% from 4.4% between 2014 and 2015, and North America saw strong growth of 4.5% between 2015 and 2016, with a total wealth of about 55.7% Trillion dollars last year.
While Europe saw a luscious growth of 3.2% of the region's wealth of $ 40.5 trillion, while the Asia-Pacific region grew by 9.5%, an absolute increase of 3.4 trillion to $ 38.4 trillion last year.
Global growth is expected to grow by 6% on a composite basis between 2016-2021, while the United States is expected to record an average growth of 5.6% with a wealth of over $ 73 trillion, and the Asia-Pacific region grew by 9.9% to $ 61.6 trillion in 2021 .
The research concludes that the drivers of global growth will be relatively evenly distributed globally between the growth of new wealth creation and the growth of existing asset performance, accounting for 49% of the $ 57 trillion in wealth created between 2016-2021, while That the latter represents 51%