22 Dec 2021
Shanghai, China
Despite economic damage brought about by the COVID-19 pandemic in 2020, high net worth (HNW) individuals (i.e. USD millionaires) are increasingly dominant in terms of total wealth ownership and their share of global wealth. It now numbers 56 million, or 1.1% of all adults, who own 45.8% of household wealth, $191.6 trillion.