43,000 Poles are $ millionaires

According to a report by Swiss bank Credit Suisse, there are 43,000 people whose wealth exceeds one million dollars. The lender said Poles have assets worth PLN 739 billion in total, what accounts to 0.3 percent of total global wealth. Between the years 2000 and 2015 private wealth of an average Pole grew from $8,871 to $24,370, the median value stands at $9,112. The value of debt of an average Pole totals $5,798. The report showed that private wealth will grow more slowly, by 6.6 percent a year to $345 trillion through June 2020, because the global economy isn’t advancing as quickly as expected. The lender had earlier said that wealth will grow by 7 percent a year to $369 trillion by 2019. Credit Suisse announced that 0.7 percent of the world's population controls 45.2 percent of the global private wealth.