Frankfurt Where there is already something, something is often added. Global financial wealth rose 8.2 percent in 2020 to a new record of $ 250 trillion. This is what the BCG consultancy found in its “Global Wealth 2021” report. “The reason for this record growth is not only the extremely robust stock markets, but also the jump in net savings of almost eleven percent,” explains Anna Zakrzewski, partner at BCG and author of the study.
Because the pandemic has made people around the world more economical: private individuals have parked new capital in the form of cash or accounts more than they have been in 20 years. They also benefited from the overall rise in security prices in 2020. In 2020, the capital markets contributed a plus of 11.5 percent to financial assets – in addition to cash and deposits, securities, pensions and life insurance.