Stat of the day: $202 trillion

The estimated wealth among millionaires in the world's richest economies in the year 2020.

by Elizabeth Anderson
Last Updated: 09 Oct 2013
Are the rich getting richer? A report from Deloitte certainly suggests as much: apparently, the total wealth among millionaire households in the top 25 major economies will be a staggering $202tr (that's £123tr, by today's exchange rates) in 2020 – more than double the $92 trillion the richest are collectively worth this year.  

According to the report, the US and Europe will continue to have the greatest concentration of wealth, despite growing economies in emerging markets. In Britain, the number of millionaires is expected to grow from 2.9m to almost 4m by 2020. That said, in terms of concentration of wealth, we’ll be well behind Hong Kong, where 47% of the population will be worth more than $1m.

Find this article useful?

Get more great articles like this in your inbox every lunchtime

A leadership thought: Treat your colleagues like customers

One minute briefing: Create a platform where others can see their success, says AVEVA CEO...

The ignominious death of Gordon Gekko

Profit at all costs is a defunct philosophy, and purpose a corporate superpower, argues this...

Gender bias is kept alive by those who think it is dead

Research: Greater representation of women does not automatically lead to equal treatment.

What I learned leading a Syrian bank through a civil war

Louai Al Roumani was CFO of Syria's largest private retail bank when the conflict broke...

Martin Sorrell: “There’s something about the unfairness of it that drives me”

EXCLUSIVE: The agency juggernaut on bouncing back, what he would do with WPP and why...

The 10 values that will matter most after COVID-19

According to a survey of Management Today readers.