Residents of the USA follow with assets worth $344,700, and the British come next with an average wealth of $288,800, states the largest Swiss bank in Zurich in a report published on Tuesday.
The fall of the pound after the British decision to leave the EU erased a total of $1.5 trillion of total British private wealth, claimed Credit Suisse.
For the first time since the global financial crisis of 2008, global average wealth per person stagnated in 2016, at $52,800.
The report also states that for the first time since 2008, this year the share of non-financial assets as part of a household’s wealth has increased.
The rise in real estate prices has added to private wealth in several countries, including Germany, according to the report.
The group of super-rich individuals, who own at least $50 million, increased from 4,100 individuals to a total of 140,900 over the past year, driven by growth in Asian countries.
It is estimated that 33 million people in the world have between $1 million and $50 million. Wealthy Americans make up 45 percent of that group, while Europeans account for 30 percent.
Those from Asia-Pacific countries, excluding India and China, account for 18 percent of the wealthy. With 1.6 million millionaires, communist China is home to five percent of them.
In the club of super-rich, those who own $50 million or more, there are 140,900 people. In China, there are 11,000, the most after the USA where 70,400 live, and Germany is third with 6,100 super-rich individuals.
The poorest 20 percent of the world’s population, those earning up to $248, are estimated at one billion. Among them, 44 percent are so-called net debtors who own less than $2,628.
Almost a third of the poorest live in Asian and African countries. India tops this list with 246 million people, followed by China with 72 million and Nigeria with 35 million people.
Among other countries that contribute the most to this poor category are Russia with 28 million, Ukraine with 25 million, and the USA with 21 million of the poorest people in the world.
