The number of individuals with a high net worth in Spain and Latin America was reduced last year, according to the 2025 world wealth report published Wednesday by the Capgemini Research Institute.
The figure of great fortunes in Spain fell by 2024, from 250,000 to 246,000, although the value of its wealth increased by 1% to 73,550 million dollars.
Latin America also showed a decrease in the number of large fortunes, 8.5%, for monetary depreciation and fiscal instability; In Brazil, 13.3% were reduced and in Mexico 13.5%.
In a note, the consultant emphasizes that, in the whole of the planet, the number of individuals with high heritage increased by 2.6%, thanks to the rise of 6.2% of those with a high ultra heritage.
This obeyed, according to the report, to the impulse of stock markets and optimism around AI, which increased the profitability of the portfolios.
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Number of great fortunes in Spain and Latin America fell in 2024
The study also reveals that alternative investments, such as risk capital and cryptocurrencies, are already consolidated in the portfolios of the great fortunes, and represent 15% of the total.
In the United States the great fortunes grew by 7.3%, while in Europe, Latin America and the Middle East their number descended “weighed by macroeconomic challenges.”
The United States leads the classification with 562,000 new millionaires, 7.6% more, to reach 7.9 million individuals.
India and Japan stood out in the Asia-Pacific region, since both countries registered a growth of 5.6%, while the slowdown in growth in China accounted for 1% of millionaires less than a year earlier.
In Europe, the number of great fortunes was reduced 2.1% due to economic stagnation in the main countries. However, the number of ultra rich grew 3.5% in Europe.
In the Middle East, its number dropped 2.1% due to the fall in oil prices.
With EFE information.
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