The world’s richest individuals have seen the biggest annual decline in the size of their wealth for a decade, new research has revealed, in signs even internationally mobile billionaires are taking a knock from soaring inflation and a slowdown in economic growth.
The global high net worth individual (HNWI) population declined by 3.3% 21.7 million in 2022, according to a report by Paris-based consulting firm Capgemini, while the value of its wealth slipped by 3.6% to $83 trillion (£67 trillion).
