Asia-Pacific to leave N.America behind as world’s richest region by 2016 – study

Asia-Pacific to leave N.America behind as world’s richest region by 2016 – study

The Asia-Pacific region has overtaken Europe in terms of global wealth management for the first time, becoming the world’s second wealthiest region with $47 trillion says a report released by BCG. It’s on the way to overtaking North America next year.

In 2019 private wealth in the countries in the Asia-Pacific area is expected to account for one-third of global wealth, according to the report published Monday.

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