Real Estate Views from St Pete

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The Rich are Getting Richer

The annual Capgemini - Merrill Lynch World Wealth Report is just out.

  • 9.5 million people held at least $1,000,000 in financial assets, exclusing their homes.
  • These people control about 25% of the world's wealth.
  • The combined wealth of the world's richest people rose more than 11% last year.
  • The "super-rich" who have over $30 million in assets also rose 11% last year
  • The largest expansion of the richest, over 20% increases, was in India and Singapore.
Sharon Simms, Real Estate Agent selling homes in St. Petersburg, Florida, the Gulf Beaches and the Tampa Bay area. 

 

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