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Russia added around $600bn [€552bn] in wealth in 2022, despite Western economic sanctions (Photo: Unsplash)

Super-rich and poorest both see drop in wealth, study finds

Global wealth had declined for the first time since the 2008 global financial crisis — but is expected to grow by 38 per cent by 2027, according to a new report from the Swiss bank UBS.

However, regional trends are mixed.

Russia, Mexico, India, and Brazil are among the countries with the largest wealth gains, while the United States, Japan, China and Australia are expec...

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

Russia added around $600bn [€552bn] in wealth in 2022, despite Western economic sanctions (Photo: Unsplash)

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

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