Thursday, June 25, 2009

Middle East total high net worth individual wealth declined 16.2% to $1.4 trillion

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Thursday 25 June: Volume 70 - Issue 419

Middle East total high net worth individual wealth declined 16.2% to $1.4 trillion
Thursday, June 25 - 2009
Following a year-long period of exceptional volatility in 2008, the world's population of high net worth individuals (HNWIs) was down 14.9% from the year before and the population of ultra high net worth individuals (Ultra-HNWIs) fell 24.6%, according to the 13th annual World Wealth Report, released today by Merrill Lynch Global Wealth Management and Capgemini.

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