Despite the war in Ukraine and widespread inflation in the world, the respected Swiss bank "Credit Suisse" predicts that the number of millionaires in the world will increase significantly in the next five years.
It is estimated that by 2026 there will be 87,5 million people in the world who will have a little less than a million euros or US dollars in their bank accounts, reports Yahoo Finance.
In the report of the Swiss bank, it is stated that in 2021 there were 62,5 million millionaires in the world, with the statement that their number will continue to grow, especially in growing economies, and mostly in China.
The largest number of millionaires could be expected in the United States of America (USA), with an increase in the number of millionaires by a little less than three million, with the total number of millionaires reaching 2026 million by 27,5.
In second and third place are China and Japan with around 4,8 million millionaires, followed by Great Britain, France, Germany, Canada, Australia, Italy and South Korea.
A report by "Credit Suisse" estimates that the number of millionaires in India, Hong Kong and Africa will double.
The Swiss bank has predicted that private wealth will increase by more than a third by 2026, to about 169 trillion US dollars, roughly 155 trillion euros.
"Despite inflation and the Russian-Ukrainian war, we believe that global wealth will continue to grow," said the Credit Suisse report, predicting that the total number of people with assets of more than US$50 million will rise to about 385.
In the first half of last year, the 500 richest people on Earth lost a total of 1,4 trillion dollars.
The reason for this, as stated, is that the wealth of the richest people in the world primarily depends on the movement of stock prices, and most of this year was accompanied by a fall in the prices of securities and stocks due to fears of recession and inflation.
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