According to a report from consultancy Capgemini released this Thursday (June 6), total value grew 4.7% compared to 2022

The wealth of the world’s richest grew 4.7% in 2023 and reached a record value of R$460 trillion. The survey is in the “World Wealth Report”, released this Wednesday (June 6, 2024) by the consultancy Capgemini. (Read in full – 2 MB)

According to the study, the number of individuals with high net worth (HNWI) also increased by 5.1%. Now, 22.8 million people are among the richest in the world.

Capgemini said the growth was triggered by a recovery in the global economic outlook and that the trend offset the 2022 decline.

North America has seen the strongest HNWI recovery globally, with annual growth of 7.2% for wealth and 7.1% for population. According to the report, solid economic resilience, cooling inflationary pressures and a formidable recovery in the US stock market drove momentum.

The trend continues in Asia, Europe, Latin America and the Middle East, but to a lesser extent. In contrast, Africa was the only region where HNWI wealth and population fell. In Capgemini’s assessment, this was due to the fall in raw material prices and the decline in foreign investment.

The report indicates that two in three HNWIs are planning to invest more in private equity during 2024, to leverage possible future growth opportunities. “As HNWI growth prospers, asset allocations begin to shift from wealth preservation to growth”said the consultancy.


The World Wealth Report 2024 covers 71 countries, representing more than 98% of global gross national income and 99% of the world’s stock market capitalization.

Capgemini’s Global HNW Insights 2024 Survey questioned 3,119 HNWIs, including more than 1,300 ultra HNWIs across 26 key wealth markets in North America, Latin America, Europe, the Middle East and Asia Pacific.


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