UBS has released a new release of the World Ultra Wealth Report 2014 produced annually by the bank in collaboration with Wealth-X. The analysis - which studies the growth trends relating to the UHNW population and world wealth - focuses this time on data relating toEurope, comparing the different countries of the area. Particularly interesting is the focus on Italy from which emerge some data on the state and evolution of wealth in our country.
Ultra The Wealth-X and UBS Wealth Report 2014 essentially photographs the global UHNW population in the period July 2013 – June 2014, taking into consideration aspects such as geographical composition, gender and sources of wealth. Here are some interesting facts that emerged from the research.
· I three: European countries with the major population UHNW extension I'm Germany (19.095 individuals); Kingdom Unito (11.510); and Switzerland (6.635).
· Germany maintains the position of second major country UHNW extension in the world, after the United States, both in terms of dimensionsof the population than of wealth overall.
· Il 41% of individuals UHNW extension of Germany è self-made, the 31% he has inherited your own luck helping to increase it, and over 28% he has inherited entirely your own ..
· - individuals UHNW extension in the UK they are highly "liquids”. On average, the 30% of the their net worth is cash, higher than that of UHNW individuals in the States United (29%).
· The Italian population UHNW extension from London check by yourself almost 9% of wealth country total.
· Il 75% of individuals UHNW extension of the United Kingdom è self-made, the highest percentage among European countries analyzed in the studio.
· Il 31% di individuals UHNW extension in Switzerland he built his own luck in the finance sectors, banking and investments.
· Switzerland's UHNW population controls over 28% of the country's total wealth.
THE ITALIAN SITUATION
Strong of a solid one market performance despite the decline of GDP, in nominal terms, the population UHNW extension and wealth Italians have grown up much faster than is to the European average that theaverage . Industrial production showed some signs of strength during the last year, never production levels overall they are far away from levels pre-crisis. Italy has more great potential of growth, provided that the ease of doing business in the country is supported by an improvement in the socio-economic and political. Although the indicators macroeconomics General for Italy have been predominantly negative, Ultra individuals have increased their wealth, profiting from specific sectors. The ppopulation UHNW extension in Italy he built most of it of his own wealth in niche markets like textile,clothing and luxury goods - an industry from which over 13% of thethe population UHNW extension he derived your own luck. The manufacturer and the buildings - others two sectors import anti for the population UHNW extension Italian company - have showed a trend promising during the year, with the PMI of the country which peaked in April 2014. One of the main reasons why the population UHNW extension iTaliana reported such solid growth, however, is that most of them adopt business models oriented to internationality who watch beyond the internal market, limiting so exposure under conditions partner-economic and political volatile and sometimes precarious of the country.
The ppopulation UHNW extension of Italy It owns only 2,5% of wealth country total, the lowest share between all the countries covered by the report. The ulast Gini coefficient in Italy it was lower at 0.32, meaning that the country has one income distribution fairer compared to economies neighbors, like Turkey (with un Gini coefficient equal to 0,4). Furthermore, many individuals UHNW extension born in Italy or heirs of wealthy families they moved in neighboring countries, like Switzerland, leaving individuals Italian UHNW extension with a lower percentage of wealth in their country compared to the others nations.
There is a predominance of inherited wealth of the population UHNW extension in Italy. Only 41% of the population UHNW extension Italian is entirely self-made. Di all the countries analysed, only Germany he has one percentage same to you low di individuals self-made. A new wave of entrepreneurs will be needed to increase the population UHNW extension of the country and its wealth. Ma there is hope: the new generation of individuals UHNW extension Italian it's composed by entrepreneurs. Of individuals which they inherited wealth, more than half increased further such wealth with their own strength.
