China, Hong Kong high-net-worth individuals led US$2 trillion decline in global wealth last year, Capgemini says

//China, Hong Kong high-net-worth individuals led US$2 trillion decline in global wealth last year, Capgemini says

China, Hong Kong high-net-worth individuals led US$2 trillion decline in global wealth last year, Capgemini says

High-net-worth individuals in Asia-Pacific accounted for about half of a US$2 trillion drop in global wealth last year, according to consultancy Capgemini’s latest annual wealth report. China accounted for about 25 per cent of the decline, while Europe as a whole constituted another 24 per cent of the overall drop.The total wealth of Asia-Pacific high-net-worth individuals – people with US$1 million in investible assets or more – dropped 4.8 per cent between 2017 and 2018, the highest among any…

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By | 2019-07-10T09:15:08+00:00 July 10th, 2019|Business|Comments Off on China, Hong Kong high-net-worth individuals led US$2 trillion decline in global wealth last year, Capgemini says