New York — The rich are, predictably, getting richer. Both the number of people with investable assets of at least $1m and the total wealth that represents expand around the globe, according to World Wealth Report 2017 from Capgemini. By 2025, the consulting and technology services company predicts, assets held by high-net-worth investors will exceed $100-trillion, up from $63.5-trillion in 2016. Sadly, even the very wealthy suffer from income inequality. While the ranks of the millionaire next door, with $1m-$5m in investable assets, increased by 7.4%, the number of people in the top 1% of the high-net-worth world — those with at least $30m in investable assets — grew by 8.3%. The report found big leaps in the ranks of millionaires in North America and Europe, where wealthy populations grew 7.8% and 7.7%. That was an acceleration from 2% and 5% in 2015. Growth slowed slightly in the Asia-Pacific region (excluding Japan), home to the most millionaires, slipping to 7.4% from 9%. Gain...
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