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|Switzerland has the highest per capita wealth, with 11% of millionaires.
According to the report, Switzerland's average personal wealth is $530,240, which is still at the top of the world's personal wealth list despite a decline from last year.
Australia ranks second in the world in personal wealth, with an average personal wealth of $41160, the United States ranks third, and the average personal wealth of $403,970.
According to reports, Switzerland's personal wealth rose by 39% between 2000 and 2018. Switzerland's population accounts for 0.
1% of the world's population.
About 1.8% of the world's richest wealth holders live in Switzerland.
More than 60% of Swiss adults own assets worth more than $100,000, including 11% of Swiss residents who are millionaires (US dollars), 2650 who have more than $50 million in net assets and 980 who have more than $100 million in net assets, the report said.
Among the other countries in the Asia-Pacific region, Japan ranked seventh, at $103,860, and Singapore ranked tenth, at $91,660.
China surpasses Japan and ranks second in the global wealth list Looking at China's report card, the new asset valuation results confirm many Observers'predictions that China has surpassed Japan, firmly holding the second place in the global wealth list.
China's wealth is expected to grow further by $23 trillion over the next five years, and its share of global wealth will rise from 16% in 2018 to more than 19% in 2023. The report said that China's non-financial assets continued to grow rapidly in the past 12 months, which was the main driving force for overall growth in all regions except North America, contributing more than 75% to wealth growth in China and Europe.
Over the past 12 months, more than 75% of China's wealth growth has come from non-financial assets.
The proportion of non-financial household assets rose from 61% in 2017 to 62% in 2018, reflecting the strong momentum of the real estate market.
In mid-2018, the per capita real assets of adults amounted to $32,640, with an average debt of $4,690, equivalent to 9% of total assets.
According to the report, this debt ratio is still low according to international standards.
Since the beginning of this century, the number of millionaires in China has grown rapidly, from 41,000 in 2000 to 3.5 million (equivalent to 8.4% of the global total), an increase of more than 80 times.
Of these, 186,000 were added last year.
It surpassed Japan in 2014, with 2.8 million millionaires.
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