UBS β Global Wealth Report, 2024
Summary
The 2024 UBS Global Wealth Report shows that wealth is steadily growing across the world, with almost all wealth segments experiencing an increase.
The dip in global wealth seen in 2022 was just a blip, and wealth has already bounced back in line with long-term trends. The report covers over 50 key markets, representing 92% of the world's wealth, and offers insights into wealth creation, distribution, and transfer between generations. The report emphasizes the importance of careful stewardship of wealth, requiring intelligence and insights to identify the best opportunities. UBS, as a global wealth manager, aims to help individuals manage their wealth effectively. The report has been redesigned for its fifteenth edition to focus on what matters most and provide high-quality data. Over the past 15 years, wealth has generally increased, with quicker growth in less wealthy regions and slower growth in established wealth regions. The report highlights the evolving nature of wealth ownership, with a significant number of people moving up from the lowest wealth bracket over time.
Region:
Global
Published:
July 2024
Author(s):
UBS
Language:
English