Tag: #SovereignWealthFunds
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#147 The Distribution of Wealth: From Redistribution to Ownership
#147 The Distribution of Wealth: From Redistribution to Ownership
2025 was an extraordinary year for wealth. The world's private wealth grew by 10.8 percent, the fastest pace since 2017, and considerably faster than the economic output it supposedly comes from. In Europe, the Middle East and Africa the increase reached 17.5 percent. Almost a million people became dollar millionaires, more than 2,600 on every single day. The United States and China together now hold more than half of the world's wealth.