In 2023, the Middle East and North Africa, and Latin America were the regions with the lowest level of distribution of wealth worldwide, with the richest ten percent holding around ** percent of the total wealth. On the other hand, in Europe, the richest ten percent held around ** percent of the wealth. East and South Asia were the regions where the poorest half of the population held the highest share of the wealth, but still only around **** percent, underlining the high levels of wealth inequalities worldwide.

The massive wealth inequality in the world is underpinned by this chart: while *** percent of the world's population had fortunes of more than one million U.S. dollars in 2025, over ** percent of the global population had a total wealth of less than 10,000 U.S. dollars.

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.

Graph and download economic data for Share of Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01134) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.

This feature shows the global wealth distribution for the years 1995, 2000, and 2005. Feature published and hosted by Esri Canada © 2013. Content Sources: Countries, Esri Maps and DataThe World Bank, The Changing Wealth of Nations: http://data.worldbank.org/data-catalog/wealth-of-nations Coordinate System: Web Mercator Auxiliary Sphere (WKID 102100) Update Frequency: As Required Publication Date: October 2013 OECD stands for Organisation for Economic Co-operation and Development and is a global organization created to "promote policies that will improve the economic and social well-being of people around the world".

The level of global financial assets was expected to increase from ***** trillion U.S. dollars in 2023 to roughly *** 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 ******.

Coordinated by Facundo Alvaredo, Anthony B. Atkinson, Thomas Piketty, Emmanuel Saez and Gabriel Zucman, the World Wealth and Income Database aims to provide open access to data series on income and wealth worldwide. The goal is to be able to produce Distributional National Accounts: estimates of the distribution of wealth and income using concepts that are consistent with the macroeconomic national accounts. The focus lies not only on the national level, but also on the global and regional level.

The poorest half of the world's population holds just around *** percent of the global wealth, this represented a slight increase since 2000. By comparison, the richest percent holds more than ** percent of the global wealth.

Graph and download economic data for Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50107) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.

Global Wealth Management market size was $703.38 Billion in 2021 and it is forecasted to reach $1062.75 Billion by 2029. Wealth Management Industry's Compound Annual Growth Rate will be 4.78% from 2023 to 2030. Key Dynamics of

Wealth Management Market

Key Drivers of

Wealth Management Market

Increasing Number of High-Net-Worth Individuals (HNWIs): The worldwide rise in HNWIs and ultra-HNWIs is driving the demand for tailored wealth management services. These individuals are in search of expert advice to enhance their portfolios, plan their estates, minimize taxes, and manage risks, which is propelling growth in advisory, discretionary, and family office wealth services.

Escalating Demand for Comprehensive Financial Planning: Clients are progressively pursuing integrated financial guidance that encompasses investment, retirement, estate, and tax planning. Wealth managers who provide thorough, goal-oriented planning are becoming more popular, particularly among millennials and Gen X clients who emphasize financial wellness, legacy management, and long-term security.

Swift Digitization and Adoption of Robo-Advisory Services: Technological innovations have rendered wealth management services more accessible. Robo-advisors, AI technologies, and digital platforms are enhancing client onboarding, portfolio oversight, and financial planning—broadening services to mass affluent demographics while boosting operational efficiency for advisory firms.

Key Restraints for

Wealth Management Market

Fierce Competition and Pressure on Fees: The industry is experiencing heightened competition from fintech startups, robo-advisors, and discount brokers. This has resulted in downward pressure on advisory fees and profit margins, forcing traditional firms to innovate, scale, or redefine their value propositions to stay competitive and profitable.

Regulatory Challenges and Compliance Expenses: Wealth managers are required to comply with various regulatory frameworks across different regions, including MiFID II, SEC regulations, and data protection laws. Compliance expenses, regular reporting, and the threat of penalties present operational difficulties—especially for smaller firms or those providing cross-border advisory services.

Insufficient Financial Literacy Among Prospective Clients: In numerous areas, a deficiency in knowledge regarding financial planning, investment techniques, and wealth preservation hampers market development. Prospective clients may feel reluctant to consult wealth advisors or may depend on informal guidance, which hinders the growth of professional wealth services.

Key Trends in Wealth Management Market

ESG Investing and Values-Driven Portfolios: Clients are increasingly emphasizing Environmental, Social, and Governance (ESG) considerations in their investment choices. Wealth managers are incorporating ESG screening, impact investing, and sustainability metrics into portfolios to resonate with clients' ethical principles and long-term purpose-oriented objectives.

Customization Through Data and Behavioral Insights: Companies are utilizing data analytics and behavioral finance to provide highly personalized investment strategies. By comprehending individual risk tolerance, life aspirations, and financial behaviors, wealth managers can formulate customized plans that strengthen client trust and improve long-term retention.

Hybrid Advisory Models Rising in Popularity: The integration of human advisors with digital tools is becoming a favored service model. Hybrid platforms combine the personalization of traditional advisors with the efficiency and cost-effectiveness of automation, appealing to both technology-oriented and relationship-focused investors.

Factors Affecting Wealth Management market growth

The expansion of the wealth management market is primarily driven by the increase in the population of high-net-worth people. There were around 20.8 million high-net-worth people (HNWIs) in the globe as of 2020. The United States, Japan, Germany, and China are home to about 63% of the world's HNWIs, according to the Capgemini World Wealth Report. In 2021, there were 7.5 million HNWIs in the U.S., a 13.5% increase from the previous year. These people frequently use the help of financial experts to handle their finances, and their high net worth frequently qualifies them...

In 2022, Australia had the highest median wealth worldwide of the countries included, reaching nearly ******* U.S. dollars. Belgium and Hong Kong followed behind.

Global Wealth Management market size is expected to reach $2725.57 billion by 2029 at 6.7%, segmented as by type of asset class, equity, fixed income, alternative assets, other asset class

Around ** percent of the world's collected net personal wealth belongs to the richest one percent. The share of global wealth owned by the richest percent fell during the global financial crisis in 2008/2009, and has been fluctuating since. One-third of the world's billionaires reside in North America.

A list of the top 50 Global Wealth Management LLC holdings showing which stocks are owned by Global Wealth Management LLC's hedge fund.

The comprehensive wealth accounts database provides a stock measure in total and per capita values, in both real and nominal terms. The wealth accounts were updated in 2024, using a new methodology described in The Changing Wealth of Nations 2024.

Comprehensive collection of financial reports and documents for Global Wealth Group PLC (WEALT)

A list of the top 50 Leslie Global Wealth LLC holdings showing which stocks are owned by Leslie Global Wealth LLC's hedge fund.

Global wealth management market worth at USD 1636.83 Billion in 2024, is expected to surpass USD 4893.17 Billion by 2034, CAGR of 10.6% from 2025 to 2034.

China Banks' Wealth Management Product: Wealth Index data was reported at 110.640 Jan2016=100 in May 2018. This records an increase from the previous number of 110.220 Jan2016=100 for Apr 2018. China Banks' Wealth Management Product: Wealth Index data is updated monthly, averaging 108.490 Jan2016=100 from Jul 2017 (Median) to May 2018, with 11 observations. The data reached an all-time high of 110.640 Jan2016=100 in May 2018 and a record low of 106.480 Jan2016=100 in Jul 2017. China Banks' Wealth Management Product: Wealth Index data remains active status in CEIC and is reported by Puyi Standard. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Index Series.

Dataset Structure & Description

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Context and Inspiration

I read an article yesterday which got my mind storming, A article by Worldbank on August 15th, 2022 better explains it, It has been quoted below,
I already have a project i'm working on since Feb 2021, trying to solving this problem, listed in my datasets

This dataset showcases the statistics over the past 6-7 decades which covers the production of 150+ unique crops, 50+ livestock elements, Land distribution by usage and population, As aspiring data scientists one can try to extract insights incentivizing the optimal use of natural resources and distribution of resources

August 15, 2022 - Worldbank

Record high food prices have triggered a global crisis that will drive millions more into extreme poverty, magnifying hunger and malnutrition, while threatening to erase hard-won gains in development. The war in Ukraine, supply chain disruptions, and the continued economic fallout of the COVID-19 pandemic are reversing years of development gains and pushing food prices to all-time highs. Rising food prices have a greater impact on people in low- and middle-income countries, since they spend a larger share of their income on food than people in high-income countries. This brief looks at rising food insecurity and World Bank responses to date.

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