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International Business Times
International Business Times
Business
AFP News

World's Richest Have Never Been So Wealthy: Study

It has been a vintage year for the super rich (Credit: AFP)

The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.

The number of "high net worth individuals" (HNWI) -- defined as people with liquid assets of at least $1 million -- rose by 5.1 percent last year to 22.8 million, according to consulting firm Capgemini.

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