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Spotlight on the New Wealth Builders
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Spotlight on the New Wealth Builders

The Economist Intelligence Unit
EIU, 2015
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A group virtually unheard of at the turn of this century is emerging as a global economic force. The “new wealth builders” – self-made global citizens with household financial assets of $100,000 to $2 million – are now the world’s fastest-growing financial demographic. And that growth will continue as consumers in rapidly expanding economies move up the economic ladder. getAbstract recommends this smart report from the Economist Intelligence Unit to bankers, marketers and financial advisers looking to understand this future powerhouse.

Take-Aways

  • The “new wealth builders” (NWBs) – those 267 million households worldwide with financial assets of $100,000 to $2 million each – are the world’s fastest-growing financial demographic.
  • In the near term, much of that sector’s growth will come from households with currently less than $100,000 in investable assets, especially as developing nations’ economic growth surpasses that of advanced markets.
  • Latin America will see the highest NWB growth rate, followed by the Asia-Pacific region. Mature markets with an already sizable NWB cohort, such as the United States and Western Europe, will realize slower NWB growth.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

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