In 2023, roughly 1.49 billion adults worldwide had a net worth of less than 10,000 U.S. dollars. By comparison, 58 million adults had a net worth of more than one million U.S. dollars in the same year. Wealth distribution The distribution of wealth is an indicator of economic inequality. The United Nations says that wealth includes the sum of natural, human, and physical assets. Wealth is not synonymous with income, however, because having a large income can be depleted if one has significant expenses. In 2023, nearly 1,700 billionaires had a total wealth between one to two billion U.S. dollars. Wealth worldwide China had the highest number of billionaires in 2023, with the United States following behind. That same year, New York had the most billionaires worldwide.

This statistic presents the value of global wealth from 2012 to 2018, with a projection for 2023. In 2018, the value of wealth worldwide amounted to 205.9 trillion U.S. dollars. This figure was projected to increase to 272.0 trillion U.S. dollars in 2023.

Graph and download economic data for Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1246) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.

Billionaires with a net worth over 50 billion U.S. dollars had a combined net worth of nearly two trillion dollars in 2023. Billionaires with a fortune of two to five billion U.S. dollars had the highest combined total wealth, nearly reaching three trillion U.S. dollars. That year, there were 18 persons with a fortune of over 50 billion dollars.

Graph and download economic data for Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50107) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.

In 2023, the assets of high net worth individuals in North America, which amounted to 27.47 trillion U.S. dollars, exceeded the assets of Asian Pacific HNWIs by one billion U.S. dollars. The value of assets of HNWIs worldwide increased over three billion U.S. dollars in 2023. High Net Worth Individuals (HNWIs) are people with wealth exceeding one million U.S. dollars.

Graph and download economic data for Rest of the World; Net Worth (IMA), Level (ROWNETQ027S) from Q4 1945 to Q4 2024 about net worth, IMA, and Net.

Mexico MX: Households: Liabilities and Net Worth: Liabilities: Debt data was reported at 4,080,170.900 MXN mn in Mar 2021. This records an increase from the previous number of 4,029,541.000 MXN mn for Dec 2020. Mexico MX: Households: Liabilities and Net Worth: Liabilities: Debt data is updated quarterly, averaging 3,302,909.130 MXN mn from Mar 2013 (Median) to Mar 2021, with 33 observations. The data reached an all-time high of 4,080,170.900 MXN mn in Mar 2021 and a record low of 2,255,711.700 MXN mn in Mar 2013. Mexico MX: Households: Liabilities and Net Worth: Liabilities: Debt data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.FSI: 2006 Methodology: Sectoral Financial Statement: Balance Sheet: Quarterly.

The level of global financial assets was expected to increase from 275.2 trillion U.S. dollars in 2023 to roughly 367 trillion U.S. dollars by 2028. The United States is forecast to make up the largest portion of this global wealth, with the Asia-Pacific ranking second.

Average: AH: 2 Net Worth Quintile: Other Than Non-Financial Assets data was reported at 8,050,000.000 KRW in 2017. This records an increase from the previous number of 7,430,000.000 KRW for 2016. Average: AH: 2 Net Worth Quintile: Other Than Non-Financial Assets data is updated yearly, averaging 6,825,000.000 KRW from Mar 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 8,050,000.000 KRW in 2017 and a record low of 3,920,000.000 KRW in 2010. Average: AH: 2 Net Worth Quintile: Other Than Non-Financial Assets data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s Korea – Table KR.H083: SHFLC: Household Assets, Liabilities & Income By Net Worth Quintiles.

Graph and download economic data for Rest of the World; Total Liabilities and Net Worth (IMA), Transactions (BOGZ1FU262100005A) from 1946 to 2024 about net worth, IMA, transactions, liabilities, World, Net, and USA.

United States US: General Government: Net Worth data was reported at -4,998.205 USD bn in 2017. This records an increase from the previous number of -5,108.220 USD bn for 2016. United States US: General Government: Net Worth data is updated yearly, averaging -775.727 USD bn from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 2,008.897 USD bn in 2007 and a record low of -5,108.220 USD bn in 2016. United States US: General Government: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.IFS: Government Finance: Balance Sheet: Annual.

The ten top asset managers worldwide as of September 2024 all had assets under management worth more than one trillion U.S. dollars. However, the leading firm - New York City-based BlackRock - managed assets much higher than this. The second largest firm in terms of assets under management was Vanguard Asset Management, BlackRock’s largest competitor, though their total assets under management are roughly two trillion U.S. dollars less than those of BlackRock. What is asset management? Asset management refers to financial assets managed by an investment firm on behalf of others. Asset management firms, like BlackRock and Vanguard, are just one type of provider of asset management. The service can also be performed by investment banks, private banks, or wealth managers – all kinds of financial institutions with the aim of growing investors’ portfolio of financial assets. Global distribution of assets under management Assets under management in North America accounted for almost half of the total value of global assets under management. North American assets under management was worth more than the total assets under management of Europe and Asia combined (excluding Japan), despite these two regions placing second and third globally in terms total value of assets under management.

United States - Rest of the World; Total Liabilities and Net Worth (IMA), Level was 56625129.00000 Mil. of $ in January of 2024, according to the United States Federal Reserve. Historically, United States - Rest of the World; Total Liabilities and Net Worth (IMA), Level reached a record high of 56625129.00000 in January of 2024 and a record low of 11855.00000 in January of 1946. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Rest of the World; Total Liabilities and Net Worth (IMA), Level - last updated from the United States Federal Reserve on June of 2025.

According to a November 2023 report, the total value of the art and collectible wealth of ultra-high-net-worth individuals (UNHWI) worldwide amounted to roughly 2.17 trillion U.S. dollars in 2022. This figure was predicted to reach an estimated 2.86 trillion U.S. dollars in 2026.

United States - Rest of the World; Total Financial Assets, Level was 46983619.00000 Mil. of $ in October of 2021, according to the United States Federal Reserve. Historically, United States - Rest of the World; Total Financial Assets, Level reached a record high of 46983619.00000 in October of 2021 and a record low of 11855.00000 in October of 1946. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Rest of the World; Total Financial Assets, Level - last updated from the United States Federal Reserve on April of 2025.

Global Financial Household Net Worth by Country, 2023 Discover more data with ReportLinker!

Wealth Management Market Outlook

The global wealth management market size is expected to grow significantly, from USD 3.4 trillion in 2023 to an impressive USD 7.2 trillion by 2032, reflecting a compound annual growth rate (CAGR) of 8.5%. This exponential growth is driven by several factors including the increasing number of high net worth individuals, the rapid adoption of digital advisory tools, and evolving customer expectations for personalized financial services.

One of the primary growth drivers in the wealth management market is the increasing wealth of individuals globally. The rising number of high net worth individuals (HNWIs) and ultra-high net worth individuals (UHNWIs) has significantly fueled the demand for wealth management services. These individuals seek sophisticated and tailored financial solutions that can help them grow, preserve, and transfer their wealth efficiently. Additionally, the growth in the mass affluent segment is also contributing to the market expansion as more individuals seek professional advice to optimize their financial portfolios.

Technological advancements and digitalization are also playing a crucial role in the growth of the wealth management market. The adoption of robo-advisors and hybrid advisory models has made wealth management services more accessible and cost-effective. These digital platforms use algorithms and data analytics to provide personalized investment recommendations, making it easier for investors to manage their portfolios. Furthermore, the integration of artificial intelligence (AI) and machine learning (ML) in financial advisory services has enhanced the accuracy and efficiency of investment strategies, thereby attracting more clients to these platforms.

Changing customer expectations and preferences are also driving the growth of the wealth management market. Modern investors are looking for more than just traditional financial advice; they want comprehensive wealth management solutions that include estate planning, tax optimization, and retirement planning. Moreover, the increasing focus on sustainable and responsible investing has led to the emergence of Environmental, Social, and Governance (ESG) investing as a significant trend in the market. Wealth management firms are now offering ESG-compliant investment options to cater to the growing demand for ethical investing.

Regionally, North America continues to dominate the wealth management market, driven by the high concentration of HNWIs and UHNWIs, along with the presence of established financial institutions. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period. The rapid economic growth, increasing wealth of individuals, and rising adoption of digital financial services in countries like China and India are the key factors contributing to the market growth in this region.

Advisory Type Analysis

The advisory type segment in the wealth management market is broadly categorized into Human Advisory, Robo Advisory, and Hybrid Advisory. Human advisory remains the traditional and most prevalent form of wealth management, where clients receive personalized advice from financial advisors. This advisory type is particularly favored by HNWIs and UHNWIs who value the personalized touch and expertise of human advisors. Human advisors can offer comprehensive financial planning, estate planning, and tax optimization services that are tailored to the individual needs of their clients. Despite the rise of digital advisory tools, human advisory continues to hold a significant share of the market due to the trust and rapport built between advisors and their clients.

On the other hand, robo advisory is gaining significant traction, especially among the younger and tech-savvy population. Robo advisors use algorithms and data analytics to provide automated investment advice and portfolio management services. This advisory type is cost-effective and accessible, making it an attractive option for mass affluent and retail clients who may not have access to traditional wealth management services. The low fees and minimum investment requirements associated with robo-advisors have democratized access to wealth management services, allowing a broader segment of the population to benefit from professional financial advice.

Hybrid advisory combines the best of both worlds by integrating human expertise with robo-advisory technology. This model offers clients the convenience and cost-effectiveness of digital platforms along with the personalized touch of human advisors. Hybrid adviso

Wolverine World Wide net worth as of May 09, 2025 is $0.87B. Interactive chart of historical net worth (market cap) for Wolverine World Wide (WWW) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding.

Average: AH: 1 Net Worth Quintile: Non-Financial Assets data was reported at 13,640,000.000 KRW in 2017. This records an increase from the previous number of 12,260,000.000 KRW for 2016. Average: AH: 1 Net Worth Quintile: Non-Financial Assets data is updated yearly, averaging 11,965,000.000 KRW from Mar 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 13,640,000.000 KRW in 2017 and a record low of 9,640,000.000 KRW in 2012. Average: AH: 1 Net Worth Quintile: Non-Financial Assets data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.H083: SHFLC: Household Assets, Liabilities & Income By Net Worth Quintiles.