Wealth around the world isn’t shared equally. Some countries have lots of rich people, while others are still struggling to get by. This big difference in how wealth is spread comes from things like how developed a country is, the resources available, and how easy it is for people to get financial help. Let’s take a closer look at how wealth is distributed in different parts of the world, based on the latest data from UBS Global Wealth Report 2024.
The Four Wealth Groups
The UBS report looks at adults in four different wealth groups (in USD):
Under $10K: People with less than $10,000 in wealth.
$10K to $100K: People who have between $10,000 and $100,000.
$100K to $1M: People who have between $100,000 and $1 million.
Over $1M: The millionaires, or people with more than $1 million.
The report breaks down where people in each of these groups live around the world, giving us a clearer picture of global wealth distribution.
The Wealthiest Region: The Ameri...
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