[MCN] Outlook: State of the economy/concentration of wealth

Lance Olsen lance at wildrockies.org
Wed Jan 16 19:11:19 EST 2019


Excerpt: "The global high-net-worth population—defined as those with a net worth of between US$1 million and US$30 million—is forecasted to exceed 30.1 million by 2023, an increase of 7.7 million in five years, or an annual compound growth rate of 6.1%, according to the High Net Worth Handbook <http://go.wealthx.com/l/311771/2019-01-15/b2rvs?mod=article_inline>by Wealth-X, a global wealth information provider.

"Those individuals’ combined net worth is projected to grow at a similar pace, at 6% annually."

https://www.barrons.com/articles/global-wealthy-projected-to-grow-6-1-annually-in-next-5-years-01547661392?mod=hp_minor_pos25 <https://www.barrons.com/articles/global-wealthy-projected-to-grow-6-1-annually-in-next-5-years-01547661392?mod=hp_minor_pos25>
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