The 2023 edition of The Global Wealth Report is brought to you jointly by Credit Suisse and UBS for the first time. By bringing two banks together, an organization stronger than ever before has been created. Now there is an even better positioned organization who is to deliver leading expertise and insights – such as the ones you’ll find in this report – to even more clients.
This year one of the authors is Professor Daniel Waldenström, researcher at IFN. Daniel has served as a member of the Swedish Minister of Finance’s Council of Economic Advisors since 2020, including a special appointment as advisor for Corona Crisis Policies, and has acted as advisor to government agencies, and to the OECD and the European Commission. His research focuses on income and wealth distribution and taxation.
Global wealth declines for the first time since 2008
The 2023 edition of the Global Wealth Report reflects on a year that has delivered a significant setback in what had been a consistent uptrend in the accumulation of wealth in the household sector. 2022 recorded the first fall in net global household wealth since the global financial crisis of 2008.
Over the years, the Global Wealth Report has explored a wide range of macro and micro themes surrounding the development of wealth. This report covers estimates of the wealth holdings of 5.4 billion adults across approximately 200 markets – from billionaires in the top echelon to the middle and bottom sections of the wealth pyramid, which other studies often overlook. The report regularly attracts more than 100,000 readers online, generating high press coverage with more than 250 media headlines and more than three million impressions on social media.