North America overtakes Asia Pacific in HNWI population and wealth

The global high-net-worth individual (HNWI) population grew 6.3%, surpassing the 20m bar, while HNWI wealth grew 7.6% in 2020, nearly reaching $80trn, according to the Capgemini 25th anniversary edition of its highly regarded World Wealth Report. Boosted by rising equity markets and government stimulus, North America surpassed Asia-Pacific to become the 2020 leader in both HNWI population and wealth. The in-depth report examines global wealth evolution in the past year and HNWI trends and influences from the last quarter century. In 2020, the ultra-HNWI segment led overall HNWI po...