Asia-Pacific forecast to drive growth in global wealth

Fast-growing Asia-Pacific nations will drive a 61% increase in global wealth over the next five years to $315 trillion, Credit Suisse’s research institute has forecast. In its inaugural global wealth report, the bank estimates there are currently 4.4 billion adults with total wealth of $195 trillion, which represents a 72% increase over the past decade. This includes more than three billion individuals with wealth of $10,000 or less – the base and largest segment of the “wealth pyrami…