Arab Today, arab today asiapacific\s rich see 121 wealth gains
Last Updated : GMT 07:58:03
Arab Today, arab today
Arab Today, arab today

Asia-Pacific\'s rich see 12.1% wealth gains

Arab Today, arab today

Arab Today, arab today Asia-Pacific\'s rich see 12.1% wealth gains

Dubai - Arabstoday

The Asia-Pacific (excluding Japan) region posted the strongest regional rate of high networth individual (HNWI) population growth last year among the top three markets, according to World Wealth Report. While HNWI wealth had already overtaken Europe in 2009, the Asia-Pacific has surpassed Europe in terms of HNWI population, expanding 9.7 per cent to 3.3 million, while Europe grew 6.3 per cent to 3.1 million. Analysts said there is a major shift taking place in the global concentration of wealth. \"The concentration of HNWIs among these areas will continue to erode if the HNWI populations of emerging and developing markets continue to grow faster than those of developed markets.\" said Karthikeyan Rajendran, Sales Director, Middle East, Global Financial Services, Capgemini. Asia-Pacific HNWIs\' wealth gained 12.1 per cent to $10.8 trillion, exceeding Europe\'s HNWI wealth of $10.2 trillion, where the wealth increase was 7.2 per cent last year. The Asia-Pacific is now the second largest region for both HNWI wealth and population, second only to North America. In the Asia-Pacific region, India\'s HNWI population became the world\'s 12th largest in 2010, entering the top 12 for the first time. While more than 53 per cent of global HNWI wealth are concentrated in the top three countries US, Japan and Germany, China came fourth in the list with a current growth rate of 12 per cent in the number of wealthy. \"If China is to grow at the current rate with in next 10 years the country is likely to overtake Germany to reach third in the global ranking,\" said Tamer Rashad, Head of Middle East, Merrill Lynch Wealth Management. From / Gulf News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asiapacific\s rich see 121 wealth gains Arab Today, arab today asiapacific\s rich see 121 wealth gains

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:38 2017 Friday ,24 March

Pass health bill Friday or he'll move on

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday