Markets
All of the World’s Wealth in One Visualization
All of the World’s Wealth in One Visualization
The financial concept of wealth is broad, and it can take many forms.
While your wealth is most likely driven by the dollars in your bank account and the value of your stock portfolio and house, wealth also includes a number of smaller things as well, such as the old furniture in your garage or a painting on the wall.
From the macro perspective of a country, wealth is even more all-encompassing — it’s not just about the assets held by private households or businesses, but also those owned by the public. What is the value of a new toll bridge, or an aging nuclear power plant?
Today’s visualization comes to us from HowMuch.net, and it shows all of the world’s wealth in one place, sorted by country.
Total Wealth by Region
In 2019, total world wealth grew by $9.1 trillion to $360.6 trillion, which amounts to a 2.6% increase over the previous year.
Here’s how that divvies up between major global regions:
Region | Total Wealth ($B, 2019) | % Global Share |
---|---|---|
North America | $114,607 | 31.8% |
Europe | $90,752 | 25.2% |
Asia-Pacific | $64,778 | 18.0% |
China | $63,827 | 17.7% |
India | $12,614 | 3.5% |
Latin America | $9,906 | 2.7% |
Africa | $4,119 | 1.1% |
World | $360,603 | 100.0% |
Last year, growth in global wealth exceeded that of the population, incrementally increasing wealth per adult to $70,850, a 1.2% bump and an all-time high.
That said, it’s worth mentioning that Credit Suisse, the authors of the Global Wealth Report 2019 and the source of all this data, notes that the 1.2% increase has not been adjusted for inflation.
Ranking Countries by Total Wealth
Which countries are the richest?
Let’s take a look at the 15 countries that hold the most wealth, according to Credit Suisse:
Rank | Country | Region | Total Wealth ($B, 2019) | % Global Share |
---|---|---|---|---|
#1 | 🇺🇸 United States | North America | $105,990 | 29.4% |
#2 | 🇨🇳 China | China | $63,827 | 17.7% |
#3 | 🇯🇵 Japan | Asia-Pacific | $24,992 | 6.9% |
#4 | 🇩🇪 Germany | Europe | $14,660 | 4.1% |
#5 | 🇬🇧 United Kingdom | Europe | $14,341 | 4.0% |
#6 | 🇫🇷 France | Europe | $13,729 | 3.8% |
#7 | 🇮🇳 India | India | $12,614 | 3.5% |
#8 | 🇮🇹 Italy | Europe | $11,358 | 3.1% |
#9 | 🇨🇦 Canada | North America | $8,573 | 2.4% |
#10 | 🇪🇸 Spain | Europe | $7,772 | 2.2% |
#11 | 🇰🇷 South Korea | Asia-Pacific | $7,302 | 2.0% |
#12 | 🇦🇺 Australia | Asia-Pacific | $7,202 | 2.0% |
#13 | 🇹🇼 Taiwan | Asia-Pacific | $4,062 | 1.1% |
#14 | 🇨🇠Switzerland | Europe | $3,877 | 1.1% |
#15 | 🇳🇱 Netherlands | Europe | $3,719 | 1.0% |
All Other Countries | $56,585 | 15.7% | ||
Global Total | $360,603 | 100.0% |
The 15 wealthiest nations combine for 84.3% of global wealth.
Leading the pack is the United States, which holds $106.0 trillion of the world’s wealth — equal to a 29.4% share of the global total. Interestingly, the United States economy makes up 23.9% of the size of the world economy in comparison.
Behind the U.S. is China, the only other country with a double-digit share of global wealth, equal to 17.7% of wealth or $63.8 trillion. As the country continues to build out its middle class, one estimate sees Chinese private wealth increasing by 119.5% over the next decade.
Impressively, the combined wealth of the U.S. and China is more than the next 13 countries in aggregate — and almost equal to half of the global wealth total.
Markets
Will Tesla Lose Its Spot in the Magnificent Seven?
We visualize the recent performance of the Magnificent Seven stocks, uncovering a clear divergence between the group’s top and bottom names.
Will Tesla Lose Its Spot in the Magnificent Seven?
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
In this graphic, we visualize the year-to-date (YTD) performance of the “Magnificent Seven”, a leading group of U.S. tech stocks that gained prominence in 2023 as the replacement of FAANG stocks.
All figures are as of March 12, 2024, and are listed in the table below.
Rank | Company | YTD Change (%) |
---|---|---|
1 | Nvidia | 90.8 |
2 | Meta | 44.3 |
3 | Amazon | 16.9 |
4 | Microsoft | 12 |
5 | 0.2 | |
6 | Apple | -6.7 |
7 | Tesla | -28.5 |
From these numbers, we can see a clear divergence in performance across the group.
Nvidia and Meta Lead
Nvidia is the main hero of this show, setting new all-time highs seemingly every week. The chipmaker is currently the world’s third most valuable company, with a valuation of around $2.2 trillion. This puts it very close to Apple, which is currently valued at $2.7 trillion.
The second best performer of the Magnificent Seven has been Meta, which recently re-entered the trillion dollar club after falling out of favor in 2022. The company saw a massive one-day gain of $197 billion on Feb 2, 2024.
Apple and Tesla in the Red
Tesla has lost over a quarter of its value YTD as EV hype continues to fizzle out. Other pure play EV stocks like Rivian and Lucid are also down significantly in 2024.
Meanwhile, Apple shares have struggled due to weakening demand for its products in China, as well as the company’s lack of progress in the artificial intelligence (AI) space.
Investors may have also been disappointed to hear that Apple’s electric car project, which started a decade ago, has been scrapped.
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