Wealth facts

1. About 1.1% of the world's adults are dollar millionaires, and together they own roughly 45% of all household wealth.

   UBS Global Wealth Report 2023

2. Just over half of all adults (52.5%) have less than $10,000, and together they own about 1% of the world's wealth.

   UBS Global Wealth Report 2023

3. The richest 10% of people own about 76% of all wealth. The poorest half owns about 2%.

   World Inequality Report 2022

4. Forbes counted a record 3,028 billionaires in 2025, worth about $16.1 trillion between them.

   Forbes World's Billionaires List 2025

5. The typical (median) American family had a net worth of $192,900 in 2022. The average was over $1 million, pulled up by the very rich.

   Federal Reserve, Survey of Consumer Finances 2022

6. In 1820 about three in four people lived in extreme poverty. Today it is under one in ten.

   Our World in Data, based on Bourguignon and Morrisson and the World Bank

7. Global life expectancy has more than doubled since 1900, from about 32 years to over 73.

   Our World in Data and UN World Population Prospects

8. The UAE has no personal income tax. Companies pay 9% corporate tax on profits above AED 375,000, since June 2023.

   UAE Federal Tax Authority

9. The UAE was expected to attract more millionaires than any other country in 2024: a net 6,700 moving in.

   Henley Private Wealth Migration Report 2024

10. Saving $100 a month at 7% a year for 40 years grows to about $262,000. Only $48,000 of it is money you put in.

    FloosIQ compound interest calculation

11. The rule of 72: divide 72 by your yearly return to see how many years it takes to double your money. At 6%, about 12 years.

    A standard rule of thumb in finance

12. The dirham has been pegged at 3.6725 to the US dollar since 1997, and the Saudi riyal at 3.75 since 1986.

    UAE and Saudi central banks

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