Latest / Calgary News Today | 2 Min News | The Daily News Now!
Global Wealth Surge and New Millionaires | Calgary News
Global wealth exploded last year with a 10% surge—the fastest in decades—led by North America, where the U.S. ranks second globally behind Switzerland and Canada sits at 13 with $567K average per adult. Financial assets dominate wealth portfolios in Israel, Taiwan, and the U.S., while Canada’s at 66.2%. Canada also ranks 5 in debt-to-wealth ratio at 18.2%, trailing Brazil. Millionaires surged by nearly 1M globally—over 2,680 daily—with Eastern Europe (Lithuania leading) and the U.S. (adding 440K new millionaires) driving growth. Canada missed the high-growth list. Over 3,300 billionaires now…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.