In Italy and around the world, the number of rich people, as well as inequality, is set to increase. In Italy today, 307,000 families, 1.2 percent of the total, account for 20.9 percent of financial wealth in the form of stocks, bonds, deposits and cash instruments. The data come from Global Wealth 2017 report, prepared by the financial consulting firm Boston Consulting Group.
The report explains that in the coming years there will be a slight enlargement of wealth. In 2021, it is expected that the number of millionaire Italian families will increase to 433,000 (1.6 percent of total) with a share of wealth equal to 23.9 percent. Globally, the number of millionaire households grew by 7 percent in a year, to around 18 million. And global wealth is much more concentrated than it is here: 1 percent of households owns 45 percent of the total wealth.
Again taking into account the global data, among the millionaire families, 12 percent hold assets exceeding $1 million, and, in 2021, the percentage will rise to 16 percent. The fastest growth will be in the group of families with a wealth between $1 million and $20 million (increase of 6.1 percent on average per year) followed by the super rich — assets over $100 million — with a 4.6 percent rate of increase in the year.