In the next 4 years, there will be an additional 25 million people with wealth exceeding $1 Million.
A 45% increase compared to 2022, according to UBS research.
The growth is coming from China and Asia-Pacific who will add another 12.4 million millionares
For context, the number of millionaires in these regions has grown ~9x in less than three decades.
The wave of consumption that has and will continue to occur is unstoppable.
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