These individuals own 15 percent of the world’s investable assets, according to the report. Germany came in at third place on global rankings, with around 2,900 of these “ultra-high net worth individuals,”. Private financial assets rose by eight percent year-on-year to a record 250 trillion US dollars (around €205 trillion), according to the analysis. Across the globe, 26.6 million people own financial assets of one million dollars or more – up by 1.8 million from the previous pre-Covid year. The US led the global wealth ranking overall with 136 trillion dollars, followed by Asia excluding Japan (111.9 trillion) and Western Europe (103 trillion).

Source: The Local June 10, 2021 12:56 UTC