If you don’t feel any richer, you may not be alone. Or far from the truth. For the first time since it started to measure the world’s wealth in 2008, Credit Suisse found global riches to be flat over the past 12 months, but do not get out your tissues just yet. Also see Major Trends Reshaping Hedge Fund Compensation Of course, that is not to be confused with no growth in actual wealth. Real wealth did grow by $3.5 trillion to $256 trillion. That represented a growth of 1.4%. Since it nearly matched population growth, per capita wealth…
Global Wealth Is Flat For The First Time Since 2008
Bala Murali Krishna