全球财富及财富流动趋势（英文版）_41页_1mb

Global Wealth Migration Review Summary

Core Content

This report provides an analysis of global wealth and wealth migration trends over the past 10 years and forecasts for the next 10 years. It highlights the key drivers of wealth growth, the performance of different countries and cities, and the implications of wealth inequality and migration patterns on economic health.

Main Points

Wealth Band Definitions

• Billionaires: Individuals with net assets of US$1 billion or more.
• Multi-millionaires: Individuals with net assets of US$10 million or more.
• Millionaires (HNWIs): Individuals with net assets of US$1 million or more.
• Mass Affluent: Individuals with net assets between US$100,000 and US$1 million.

Wealth Statistics (End of 2017)

• Total private wealth globally: approximately US$215 trillion.
• Average wealth per capita: US$28,400.
• Number of HNWIs: 15.2 million.
• Number of multi-millionaires: 584,000.
• Number of billionaires: 2,252.

Top 10 Wealthiest Countries by Total Wealth (2017)

1. United States – US$62,584 billion
2. China – US$24,803 billion
3. Japan – US$19,522 billion
4. United Kingdom – US$9,919 billion
5. Germany – US$9,660 billion
6. India – US$8,230 billion
7. France – US$6,649 billion
8. Canada – US$6,393 billion
9. Australia – US$6,142 billion
10. Italy – US$4,276 billion

Wealth Growth (2016–2017)

• Top performers: India (25%), China (22%), Malta (22%), Mauritius (20%), Poland (20%), Sri Lanka (20%), Vietnam (20%), New Zealand (18%), Israel (18%), Australia (17%), United States (15%), Japan (15%), United Kingdom (3%).
• Worst performers: Pakistan (-10%), Nigeria (-10%), Venezuela (-8%), Turkey (-6%), Qatar (-5%), Russian Federation (-5%), Iran (-5%), Saudi Arabia (-2%).

Wealth Growth (2007–2017)

• Top performers: Vietnam (210%), China (198%), Mauritius (195%), Ethiopia (190%), India (160%), Sri Lanka (133%), Malta (95%), Indonesia (92%), New Zealand (90%), Australia (83%).
• Worst performers: Venezuela (-48%), Greece (-37%), Italy (-19%), Spain (-19%), Norway (-17%), Portugal (-13%), Netherlands (-12%), France (-11%), Finland (-11%), Egypt (-10%), Denmark (-9%), Belgium (-7%), Austria (-5%), Sweden (-3%), United Kingdom (-2%), Algeria (-2%).

10-Year Forecast (2017–2027)

• The W10 countries are expected to remain the top 10, but the order will likely change.
• Forecast growth:
  • China: 180%
  • India: 200%
  • Vietnam: 200%
  • Australia: 70%
  • Canada: 30%
  • United States: 20%
  • Japan: 30%
  • France: 10%
  • Germany: 10%
  • Italy: 10%

Top 10 Wealthiest Countries by Wealth per Capita (2017)

1. Monaco – US$2,087,400
2. Liechtenstein – US$761,100
3. Luxembourg – US$368,000
4. Switzerland – US$354,000
5. Australia – US$279,200
6. Norway – US$228,000
7. Singapore – US$194,500
8. United States – US$193,400
9. Canada – US$185,300
10. New Zealand – US$173,700

Key Factors for Wealth Growth

• Strong stock market performance.
• Migration of high-net-worth individuals (HNWIs).
• Economic development and diversification.
• Low crime rates and high safety.
• Business-friendly policies and low tax rates.

Wealth Inequality

• Most equal countries: Japan (23%), New Zealand (26%), Norway (27%), Australia (28%), Canada (28%), Germany (28%), Sweden (28%), Denmark (29%), South Korea (29%), Finland (29%).
• Most unequal countries: Saudi Arabia (60%), Russia (58%), Nigeria (56%), Brazil (53%), Turkey (52%).
• Billionaires' share of wealth:
  • Russia: 24%
  • Japan: 3%

Population Density and Wealth Per Capita

• Low population density countries like Canada and Australia are among the richest on a per capita basis.
• High population density countries such as Nigeria, Ethiopia, Bangladesh, and Pakistan tend to be poorer.
• Exceptions include financial hubs like Hong Kong, Monaco, Liechtenstein, Luxembourg, and Singapore, which are wealthy despite high population density.

Key Cities

Top 15 Wealthiest Cities (2017)

1. New York City – US$3.0 trillion
2. London – US$2.7 trillion
3. Tokyo – US$2.5 trillion
4. San Francisco Bay area – US$2.3 trillion
5. Beijing – US$2.2 trillion
6. Shanghai – US$2.0 trillion
7. Los Angeles – US$1.4 trillion
8. Hong Kong – US$1.3 trillion
9. Sydney – US$1.0 trillion
10. Singapore – US$1.0 trillion
11. Chicago – US$988 billion
12. Mumbai – US$950 billion
13. Toronto – US$944 billion
14. Frankfurt – US$912 billion
15. Paris – US$860 billion

Fastest Growing Cities (2007–2017)

• San Francisco, Beijing, Shanghai, Mumbai, and Sydney.

Future Trends

• Mumbai is expected to be the fastest growing city over the next 10 years.
• Asia7 (China, Japan, India, Australia, Korea, New Zealand, Russian Federation) are expected to outperform Europe in terms of wealth growth due to increased cooperation and trade.

Summary of Key Drivers and Trends

• Wealth is a better indicator of economic health than GDP due to its ability to reflect private wealth creation.
• Wealth migration is a significant indicator of economic stability, with countries attracting HNWIs generally being more prosperous.
• Asia is experiencing rapid wealth growth, driven by economic development and investment in key sectors.
• Wealth inequality is higher in countries with a large share of wealth held by HNWIs and billionaires.
• Low population density and strong economic foundations contribute to higher wealth per capita.