Deloitte, a big accounting firm, predicts the super-rich will be even richer in the next few years. They say the wealth of families managed by private offices will skyrocket from $5.5 trillion today to a whopping $9.5 trillion by 2030.
A Meteoric Rise in Wealth
Deloitte says the super-wealthy are seeing their fortunes grow at an incredible pace. They’re making more money from their businesses and investments, and this trend is expected to continue.
Regional Wealth Growth
Here’s how Deloitte sees the wealth of super-rich families growing in different regions:
- North America: Expected to jump from $1.12 trillion in 2019 to $4 trillion in 2030, a massive 258% increase.
- Asia Pacific: Estimated to grow from $650 billion to $2 trillion, a 208% increase.
- Europe: Projected to increase from $1.1 trillion in 2019 to $2.8 trillion in 2030, a 157% increase.
Who Are the Super Rich?
While there’s no official definition, super-rich families are generally considered to have investable assets of at least $30 million.