Worldwide Personal Wealth At Record HighMay 31, 2011 7:12 pm
We spotted this today:
“The rising tide of stocks last year further erased the damage of the 2008 financial crisis and buoyed worldwide personal wealth to a new record high.
Global wealth grew by $9 trillion, or 8 percent, to $121.8 trillion last year, slowing from the pace set in 2009 when markets snapped back 10 percent. The world’s collective investments and savings have surged $20 trillion from the lows of 2008 and left the world $10 trillion richer than in 2007.”
Statistics Source: Yahoo Finance