The Credit Suisse Research Institute publishes the Global Wealth Report (world wealth), which finds that the global wealth currently held by 4.4 billion adults has increased 72% since 2000 to reach USD 195 trillion. Driven by robust economic expansion in the emerging markets, the institute estimates that global wealth will grow 61% to USD 315 trillion by 2015. The middle segment of the wealth pyramid is composed of one billion individuals who are located in the fastest-growing economies of the world and who hold one-sixth or USD 32 trillion of global wealth. In total, almost 60% or 587 million individuals in the middle segment of the wealth pyramid are located in Asia Pacific. China stands out as the third-largest wealth generator in the world, behind only the US and Japan, and is 35% ahead of the wealthiest European country, France. The Credit Suisse Research Institute believes that wealth provides people in the middle segment with the financial security they need to become the world’s emerging consumers and that the middle segment will replace indebted US households as the global economic growth locomotive.
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