Distribution of wealth

The United Arab Emirates is set to attract the most wealth globally for the third consecutive year, according to the Henley Private Wealth Migration Report.

At the same time, the UK will see a 17% decline in the number of millionaires by 2028, according to UBS.

Greece is expected to be third among European countries in attracting globally mobile millionaires in 2024, behind Italy and Switzerland and ahead of Portugal, British investment migration consultancy Henley & Partners said.

The world's richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said on Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda.

Oxfam has revealed that the wealth accumulated by the richest 1 percent of the global population has surged to 42 trillion dollars over the past decade, which is nearly 34 times more than the wealth held by the bottom 50 percent. This finding was disclosed ahead of the G20 finance ministers and central bankers meeting starting today in Rio de Janeiro.

Approximately 1,100 millionaire foreigners relocated to Greece last year, with another 1,200 expected to do so this year, according to the Henley Private Wealth Report released Tuesday.

The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.

The number of "high net worth individuals" (HNWI) — defined as people with liquid assets of at least $1 million — rose by 5.1 percent last year to 22.8 million, according to consulting firm Capgemini.

Athens is among the rising centers of wealth, according to this year's edition of the World's Wealthiest Cities study by Henley & Partners, a consultancy on high-income immigration issues.

In the latest unveiling of Forbes' prestigious billionaires list for 2024, the world witnesses a dynamic panorama of wealth distribution and economic shifts. Among the familiar names in the rankings are the brothers Kiril and Georgi Domuschievi, albeit with a notable decline in their fortunes, placing them at 1545th position. 2,781 people from 78 nations were Included in Forbes' ranking.

Some 27 billionaires made it to Forbes' Richest People in the World List this year with a combined net worth of $57.7 billion.

There were 26 people from Türkiye on the list last year with a total net worth of $52.5 billion. 

Record number of billionaires who increased their wealth even more in 2023