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  • Tahn Sharpe

Belgium overtakes Australia to top median-wealth rankings

Much of the 2.4 per cent decline in global wealth in 2022 – the second-biggest this century – stemmed from US dollar appreciation, but even controlling for exchange rates it was the slowest wealth increase since the GFC, UBS and Credit Suisse said in a new report. And for the first time, Australia did not record the highest median wealth in the developed world.
Tahn Sharpe | 7th Sep 2023 | More