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Road to the Riches: Tracking the Journey of the Superwealthy

By Global Research News

Global Research, May 16, 2013

bestvalueschools.com

Theme: Global Economy, Poverty & Social Inequality

How Rich is Rich?

Growth of the Global Billionaire Population

While nearly 1 in 2 people on this planet have a net worth of less than $10,000, a select few are worth more than a million dollars. 
And an even more select group is worth a billion or more.

How Rich is Rich?

While nearly 1 in 2 people on this planet have a net worth of less than $10,000, a select few are worth more than a million dollars. And an even more select group is worth a billion or more.

Composition of net worth around the world

- >$1 million – 29,000,000
- $100,000-$1 million – 344,000,000
- $10,000-$100,000 – 1,035,000,000
- <$10,000 – 3,184,000,000

Snapshot of Superwealth

Here is a look at the number of billionaires by region, including projections
- Country – 2011 – 2012 – 2022
- Africa – 25 – 35 – 75
- Asia – 496 – 543 – 1191
- Europe – 672 – 708 – 1115
- Latin America – 123 – 145 – 301
- Middle East – 128 – 140 – 203
- North America – 487 – 586 – 1146
- Australasia – 36 – 41 – 45

Growth of global billionaire population

- 2011 – 2012 – 2022
- 1967 – 2198 – 4076

Top 30 global cities by high net worth population ($30 million+), 2012

- New York – 7,580
- London – 6,015
- Tokyo – 5,440
- San Francisco – 4,590
- Los Angeles – 4,520
- Beijing – 2,285
- Mumbai – 2,105
- Hong Kong – 3,205
- Sao Paulo – 1,880
- Rio de Janeiro – 1,740
- Delhi – 1,945
- Mexico City – 2,585
- Osaka – 2,970
- Shanghai – 1,415
- Chicago – 2,615
- Paris – 2,860
- Houston – 2,295
- Washington DC – 2,395
- Dallas – 2,020
- Toronto – 1,765
- Zurich – 1,805
- Munich – 1,670
- Singapore – 1,345
- Sydney – 1,405
- Dusseldorf – 1,420
- Hamburg – 1,370
- Geneva – 1,360
- Melbourne – 1,150
- Frankfurt – 1,220
- Rome – 1,130

Luxury Locations

How many square feet does $1 million buy?
- In Monaco – 14
- In London – 19
- In Paris – 32
- In Moscow – 36
- In New York – 37
- In Sydney – 37
- In Beijing – 49
- In Miami – 57
- In Tokyo – 60
- In Mumbai – 75
- In Istanbul – 85
- In Sao Paolo – 114

Most expensive neighborhoods in the world

- Seventh Arrondissement, Paris, France
- Average home price: $1.2 million

- La Jolla, San Diego, California
- Average home price: $1.7 million

- TriBeCa, New York City
- Average home price: $1.76 million

- Shibuya Neighborhood, Tokyo, Japan
- Average home price: $1.8 million

- Sea Island, Georgia
- Average home price: $2.23 million

- Victoria Peak, Hong Kong
- Average home price: $3.5 million

- Pacific Heights, San Francisco, California
- Average home price: $4.5 million

- Belle Haven, Greenwich, Connecticut
- Average home price: $5 million

- Jupiter Island, Florida
- Average home price: $5.6 million

- Kensington Palace Gardens, London, England
- Average home price: $85 million

Most expensive residential buildings in the world

- One Hyde Park, London – $220 million
- One57, New York – $90 million
- Opus, Hong Kong – $56 million
- Absolute Tower, Mississauga, Canada – $3.1 million
- Aqua, Chicago – $1.1 million

SOURCES

- Knight Frank
- http://www.askmen.com/top_10/travel_top_ten_60/98b_travel_top_ten.html
- http://worth.com/index.php?option=com_listings&view=slideshow&id=12
- http://www.propertyobserver.com.au/overseas/gehry-s-opus-secures-second-record-hong-kong-apartment-price-in-three-months/2012111357824
- http://realestate.yourmoney.ca/2011/12/905-condo-on-the-market-for-32-million.html
- http://www.highrises.com/chicago/aqua-condos/