Kerching! 400,000 new dollar millionaires created in 2018
(The Guardian Money News)

Wealth report shows near 2% rise in high-net-worth individuals despite stock market woesMore than 400,000 new dollar millionaires were created last year as the fortunes of the already-well off ticked over into six-zeros despite the decline in global stock markets. It takes the number of millionaires across the world to 22.6 million.The global population of high-net-worth individuals (HNWIs), classed as those with between $1m and $30m (£775,000-£23.3m) in liquid assets, grew by 1.9% to 22.4 million in 2018, according to the research firm Wealth-X. On top of this there were a further 255,810 ultra-high-net-worth individuals with fortunes of more than $30m. Continue reading...