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> posted by   on May 24th 2012
 

THE WEALTH REPORT 2012

For those who haven’t come across The Wealth Report before, it is Knight Frank’s annual perspective on prime property and wealth, produced in association with the Citi Private Bank. The 2012 edition is the sixth they have produced and it contains even more data, research and analyses than ever before.

 

With the help of data from Ledbury Research and the analysts at Citi, authors discuss the changing distribution of wealth around the world and discover that Asia’s share of the super-rich is fast outpacing that of Western economies. Interestingly, the story is not just about China: India is predicted to become the world’s largest economy around 2050.

 

“The central trend dominating the performance of prime property markets has been the relentless growth of ‘plutonomy’ economics, a phenomenon that sees the wealth of the richest 1% growing far quicker than that of the general population”

Amazing information and fascinating to read!

 

THE WEALTH REPORT 2012 PDF here

 

 

 

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