Wealthy Asians Are Getting Richer Faster Than Anyone Else

Photographer: Greg Baker/AFP via Getty Images

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Rich Asians got richer faster than anyone else in the world last year.

Wealth assets held by high-net-worth individuals in the Asia-Pacific region jumped almost 15 percent to $21.6 trillion in 2017, according to a Capgemini SE report released Tuesday. Accelerating economic growth and equity market rallies helped push the global total to a record $70.2 trillion, the World Wealth Report showed.