According to a report just released by The Boston Consulting Group. The report, “Maintaining Momentum in a Complex World: Global Wealth 2013,” shows that global household wealth grew by 7.8 percent in 2012, to $135.5 trillion. That's a big jump from 2011, when it rose 3.6 percent in the aftermath of the financial crisis.
Behind the rise was a strong rebound in world equity markets, which contributed more than usual to the rise in private wealth and increased rates of saving. The greatest growth was in the Asia-Pacific region (ex-Japan), where private wealth rose 13.8 percent in 2012, to $28 trillion. After Asia, wealth in Latin America grew 10.5 percent, to $3.9 trillion. The Middle East and Africa rose 9.1 percent, to $4.8 trillion. Growth was less spectacular in Western Europe (5.2 percent, to $35.8 trillion) and North America (7.8 percent, to $43 trillion).
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