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23-Jul-2017 12:25

People living in Switzerland are by far the wealthiest of those in any major economy around the world, and they are getting richer, according to the latest Global Wealth Report from the Credit Suisse Research Institute.The central European nation — which has a global reputation for being home to the super wealthy — saw its average wealth per adult grow substantially during 2016, compared to a stagnation globally.

Here is the key quote from the report, compiled by Anthony Koutsoukis, Anthony Shorrocks, Jim Davies, and Rodrigo Lluberas (emphasis ours): "The recently published Credit Suisse Research Institute’s Global Wealth Report found that, in 2016, wealth per adult stagnated at the global level.

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