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Road to the Riches: Tracking the Journey of the Superwealthy
By Global Research News
Global Research, May 16, 2013
bestvalueschools.com
Url of this article:
https://www.globalresearch.ca/road-to-the-riches-tracking-the-journey-of-the-superwealthy/5335278

How Rich is Rich?

Growth of the Global Billionaire Population

While nearly 1 in 2 people on this planet have a net worth of less than $10,000, a select few are worth more than a million dollars.

And an even more select group is worth a billion or more.

 

Road to Riches: Tracking the Journey of the Global Superwealthy
Image source: www.bestvalueschools.com

Road to Riches: Tracking the Journey of the Global Superwealthy

 

How Rich is Rich?

While nearly 1 in 2 people on this planet have a net worth of less than $10,000, a select few are worth more than a million dollars. And an even more select group is worth a billion or more.

Composition of net worth around the world

– >$1 million – 29,000,000
– $100,000-$1 million – 344,000,000
– $10,000-$100,000 – 1,035,000,000
– <$10,000 – 3,184,000,000

Snapshot of Superwealth

Here is a look at the number of billionaires by region, including projections
– Country – 2011 – 2012 – 2022
– Africa – 25 – 35 – 75
– Asia – 496 – 543 – 1191
– Europe – 672 – 708 – 1115
– Latin America – 123 – 145 – 301
– Middle East – 128 – 140 – 203
– North America – 487 – 586 – 1146
– Australasia – 36 – 41 – 45

Growth of global billionaire population

– 2011 – 2012 – 2022
– 1967 – 2198 – 4076

Top 30 global cities by high net worth population ($30 million+), 2012

– New York – 7,580
– London – 6,015
– Tokyo – 5,440
– San Francisco – 4,590
– Los Angeles – 4,520
– Beijing – 2,285
– Mumbai – 2,105
– Hong Kong – 3,205
– Sao Paulo – 1,880
– Rio de Janeiro – 1,740
– Delhi – 1,945
– Mexico City – 2,585
– Osaka – 2,970
– Shanghai – 1,415
– Chicago – 2,615
– Paris – 2,860
– Houston – 2,295
– Washington DC – 2,395
– Dallas – 2,020
– Toronto – 1,765
– Zurich – 1,805
– Munich – 1,670
– Singapore – 1,345
– Sydney – 1,405
– Dusseldorf – 1,420
– Hamburg – 1,370
– Geneva – 1,360
– Melbourne – 1,150
– Frankfurt – 1,220
– Rome – 1,130

Luxury Locations

 

How many square feet does $1 million buy?
– In Monaco – 14
– In London – 19
– In Paris – 32
– In Moscow – 36
– In New York – 37
– In Sydney – 37
– In Beijing – 49
– In Miami – 57
– In Tokyo – 60
– In Mumbai – 75
– In Istanbul – 85
– In Sao Paolo – 114

Most expensive neighborhoods in the world

– Seventh Arrondissement, Paris, France
– Average home price: $1.2 million

– La Jolla, San Diego, California
– Average home price: $1.7 million

– TriBeCa, New York City
– Average home price: $1.76 million

– Shibuya Neighborhood, Tokyo, Japan
– Average home price: $1.8 million

– Sea Island, Georgia
– Average home price: $2.23 million

– Victoria Peak, Hong Kong
– Average home price: $3.5 million

– Pacific Heights, San Francisco, California
– Average home price: $4.5 million

– Belle Haven, Greenwich, Connecticut
– Average home price: $5 million

– Jupiter Island, Florida
– Average home price: $5.6 million

– Kensington Palace Gardens, London, England
– Average home price: $85 million

Most expensive residential buildings in the world

– One Hyde Park, London – $220 million
– One57, New York – $90 million
– Opus, Hong Kong – $56 million
– Absolute Tower, Mississauga, Canada – $3.1 million
– Aqua, Chicago – $1.1 million

SOURCES

– Knight Frank
– http://www.askmen.com/top_10/travel_top_ten_60/98b_travel_top_ten.html
– http://worth.com/index.php?option=com_listings&view=slideshow&id=12
– http://www.propertyobserver.com.au/overseas/gehry-s-opus-secures-second-record-hong-kong-apartment-price-in-three-months/2012111357824
– http://realestate.yourmoney.ca/2011/12/905-condo-on-the-market-for-32-million.html
– http://www.highrises.com/chicago/aqua-condos/

 

 

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article.