Record increase in the number of rich people around the world in 2021 – Daily Sama Newspaper Pipa News

Record increase in the number of rich people around the world in 2021 – Daily Sama Newspaper

According to the annual report of the Swiss bank Credit Suisse, 5.2 million people became millionaires for the first time in 2021, of which about 50 percent were from the United States.

According to the report, at the end of 2021, the number of literate people around the world reached 62.5 million.

Similarly, compared to 2020 last year, global wealth reserves exceeded 434 trillion dollars with an increase of 9.8 percent.

The report further stated that US and China saw the highest increase in household income followed by Canada, India and Australia in the top 5 countries.

This increase in global wealth was driven by rising stock markets and real estate prices.

According to the report, inequality in the distribution of wealth has also increased globally and millions of people are still living in poverty.

Overall, the top 1% own 45.6% of the world’s wealth.

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