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Swiss still World’s Richest

According to the annual wealth report produced by Credit Suisse, Switzerland leads on wealth per adult with US$ 530,240, comfortably ahead of second-placed Australia where the figure is US$ 411,060. The US is third with US$ 403,060.


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During the twelve months to mid-2018, aggregate global wealth rose by US$ 14.0 trillion to US$ 317 trillion, a growth rate of 4.6%. Wealth per adult grew by 3.2%, raising global mean wealth to USD 63,100 per adult, a record high. There are now 42 million millionaires worldwide.

Over 60% of Swiss adults have assets above US$ 100,000 and 11% are US$ millionaires.

Switzerland (US$ 183,340) slips behind Australia (US$191,450) on median wealth per adult, a measure that favours countries with lower levels of wealth inequality.

Globally, the richest 10% of adults owns 85% of global wealth, and the top 1% accounts for almost half of all household wealth (47%). Russia is still the most unequal country. The richest 1% owns around 57% of the wealth there and the top 10% owns around 82% of the total.

Wealth inequality has not yet fallen significantly, but has stabilized according to most indicators. As a result, future prospects for inclusive wealth growth look more promising than they have been for the past couple of years, says the report.

More on this:
Credit Suisse wealth report (in English)

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Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.
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