According to the 14th edition of the “Global Wealth Report” published by the Swiss bank UBS, household wealth worldwide amounted to $454.4 trillion at the end of 2022, down $11.3 trillion year on year. a drop of 2.4%, the first since 2008 and the subprime crisis.
With losses estimated at $10.9 trillion, North America and Europe account for the bulk of this global decline in private wealth. This is mainly attributable to the poor performance of the stock markets and the fall in the value of financial assets (–19,000 billion dollars).
According to UBS estimates, the average individual wealth of each adult fell worldwide in 2022 by $3,198, or 3.6%, to stand at $84,718 at the end of December. Switzerland tops this ranking, with wealth per adult of $685,230, ahead of the United States ($551,350), Hong Kong ($551,190), Australia ($496,820) and Denmark (409 $950). With an average wealth of 312,230 dollars, France ranks twelfth in the world, behind Belgium (352,810 dollars) but ahead of the United Kingdom (302,780 dollars).
Finally, the report estimates the number of millionaires (in dollars) in the world at the end of 2022 at 59.4 million, 3.5 million fewer than a year earlier. It was in the United States that it fell the most (–1.8 million), followed by Japan (–466,000) and the United Kingdom (–439,000) while it, on the other hand, increased by 120,000 in Brazil and 104,000 in Norway. At the end of 2022, France had 2,821,000 millionaires.