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Tuesday 28 June 2011

World's wealthiest people now richer than before the credit crunch

guardian

World Wealth Report reveals soaring numbers of rich individuals in Asia Pacific region – but slower growth in Britain

Read highlights from the report here

We are not all in this together. The UK economy is flat, the US is weak and the Greek debt crisis, according to some commentators, is threatening another Lehman Brothers-style meltdown. But a new report shows the world's wealthiest people are getting more prosperous – and more numerous – by the day.
 
The globe's richest have now recouped the losses they suffered after the 2008 banking crisis. They are richer than ever, and there are more of them – nearly 11 million – than before the recession struck. [...]

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