The Wealthy Are Gaining A Bigger Slice Of The Sector’S Wealth, Studies Says

The report is the latest research underlining the idea that the wealthiest households in the world are increasingly capturing a larger share of global wealth.
Those millionaires, accounting for 1 percent of households in the world, own 45 percent of total private global wealth.
BCG expects millionaires will own half of total global private wealth by 2021, up from roughly one-third 10 years ago.
A new report by global consultancy Capgemini found wealth among millionaires grew by a record 8 percent last year to $63.5 trillion.
A June report from The Boston Consulting Group (BCG) found there were 17.9 million households with at least $1 million in investable assets in 2016.

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