A drop in millionaires in Switzerland this year has failed to significantly dent the country’s impressive wealth, as a report by Credit Suisse declares it the richest country in the world yet again.
The Global Wealth Report 2016, published on Tuesday by the Swiss bank’s Research Institute, said Switzerland had an average wealth per person of $561,900 in 2016, making Swiss adults 11 times richer than the average world citizen.
However Switzerland’s average wealth in 2016 was slightly down on last year’s figure of $567,100.
The country experienced the second biggest drop in wealth per adult behind the UK, meaning there are 58,000 fewer millionaires in the country this year.
But there’s still an embarrassment of riches in the country, as Switzerland’s adults own 1.4 percent of global assets even though they only account for 0.1 percent of the global adult population. Full story...
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The Global Wealth Report 2016, published on Tuesday by the Swiss bank’s Research Institute, said Switzerland had an average wealth per person of $561,900 in 2016, making Swiss adults 11 times richer than the average world citizen.
However Switzerland’s average wealth in 2016 was slightly down on last year’s figure of $567,100.
The country experienced the second biggest drop in wealth per adult behind the UK, meaning there are 58,000 fewer millionaires in the country this year.
But there’s still an embarrassment of riches in the country, as Switzerland’s adults own 1.4 percent of global assets even though they only account for 0.1 percent of the global adult population. Full story...
Related posts:
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