Millionaires now control half of the world's personal wealth
Global personal financial wealth grew by 12% to touch $201.9 trillion in 2017, with millionaires and billionaires controlling almost half of it, a report by Boston Consulting Group said on Thursday. Millionaires controlled slightly less than 45% of the world's total personal wealth in 2012. The US still has the most number of billionaires and millionaires, followed by China.