As Global Private Wealth Soars, the Rich Need a Strong Middle Class
With 1 percent of the population controlling 39 percent of all wealth, the ultrarich can move markets, but civil unrest threatens their fortunes.
By Nick Rockel
Illustrations by Tony Huynh
To see where the world is going, follow the money. Last year global private financial wealth grew 7.8 percent, to $135.5 trillion, according to Boston Consulting Group. Thats more than double 2011s increase of 3.6 percent. BCG projects that the total will hit $171.2 trillion....