HNWI Rebound

Good news for the 12 million people world wide with US$1,000,000 or more of investable assets--after declining in 2011, total assets grew by 10 percent in 2012 to US$46.2 trillion.  The 2013 World Wealth Report also shows that the top 1 percent of High Net Worth Individuals (already less than 0.2 percent of world population) own over one-third of that wealth.

Find out where you rank in the United States or in the world either by income or by net wealth.

Update (August 12):  Could the rich have too much money?

Update (October 9):  Somewhat different statistics on global wealth from Credit Suisse.

Update (October 17):  Another chart from Credit Suisse shows how the United States leads the world with Ultra High Net Worth Individuals.

Update (November 22):  More signs the rich have too much money and how that wealth distorts democracy.  Also, how a land value tax could help simplify the tax code by ending the free ride for the one percent.