Since 2000, average wealth per adult in Switzerland has risen by 130%, largely due to the appreciation of the Swiss franc against the US dollar between 2001 and 2013, according to the Swiss bank Credit Suisse
Keystone
The number of multimillionaires in Switzerland – people with net assets of over $5 million (CHF4.7 million) – rose by 13% in 2017 compared with the previous year, a new report has found.
This content was published on
1 minute
SDA-ATS/sb
Português
pt
Aumento brusco no número de multimilionários suíços
The KnightFrank 2018 Wealth ReportExternal link published on Tuesday said there were 52,950 multimillionaires in Switzerland last year, up from 47,000 the year before. By 2022, this figure is expected to rise to 64,000. Worldwide there are thought to be around 2.5 million multimillionaires. The biggest rise last year was in Russia.
The number of Swiss residents with net assets of over $50 million also increased by +13% to 3,710, and there are an estimated 250 people in Switzerland with net assets of over $500 million. Globally, there are around 6,900 such high-net-worth individuals. Russia and neighbouring countries again saw the biggest growth in this segment.
Train vs plane: would you take a direct train between London and Geneva?
Eurostar is planning to run direct trains from Britain to Germany and Switzerland from the early 2030s. Would you favour the train over the plane? If not, why not?
Legal action filed against Swiss purchase of Israeli drones
This content was published on
Legal action aims to put an end to the delivery of the six Elbit reconnaissance drones already plagued by delays and setbacks.
Higher direct payments fail to curb scrub encroachment on alpine pastures
This content was published on
The scrub encroachment on Swiss alpine pastures leads to the loss of grassland and damages the typical landscape. It is also responsible for the decline in biodiversity. Despite higher direct payments, the bushes continue to spread.
Head of Swiss financial regulator’s Banks division quits
This content was published on
Thomas Hirschi, head of the Banks division of the Swiss Financial Market Supervisory Authority FINMA will leave at the end of August.
Swiss population satisfied with life according to survey
This content was published on
In a survey, the population of German-speaking and French-speaking Switzerland expressed general satisfaction with their lives. Respondents were less happy with politics and their personal finances, according to the online comparison service Moneyland.
WHO ‘extremely concerned’ about growing vaccination scepticism
This content was published on
According to the World Health Organisation (WHO), vaccination scepticism and a collapse in funding for vaccination campaigns pose a major threat to the health of the world's population.
High-net-worth individuals prioritise well-being over material possessions
This content was published on
The priorities of wealthy private individuals have shifted against the backdrop of ongoing geopolitical tensions and trade disputes. While spending on luxury goods is declining, demand for travel and experiences is unabated.
Swiss researchers sequence genome of 1918 Spanish flu virus
This content was published on
Researchers from the Universities of Basel and Zurich (UZH) have sequenced the genome of the Spanish flu virus, thanks to a sample taken from an 18-year-old Swiss boy who died in the city on the Limmat in 1918, when the pandemic spread around the world.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Confusion surrounds Roman Abramovich’s Swiss residency request
This content was published on
Russian billionaire Roman Abramovich wanted to set up home near Verbier, Canton Valais, in 2016 but withdrew his application a year later, reports say.
This content was published on
According to the latest edition of the German-language business magazine, Bilanz, the 300 richest residents of the country have assets totalling CHF674 billion. + Read why Switzerland is attractive to wealthy foreigners The richest family on the list remains IKEA’s Kamprads with between CHF48 and 49 billion. While 91-year-old father Ingvar has retired to his homeland, Sweden,…
Wealth seldom a result of hard work and innovation
This content was published on
Switzerland has the highest density of millionaires in the world. This is not something to be proud of, says one Swiss sociologist.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.