By Richard K. Miller, Kelli Washington
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Extra info for International Consumer Markets 2014
The ultimate goal of the government’s modernization plan is to fully integrate 70% of the country’s population, or roughly 900 million people, into city living by 2025. 2 trillion) in public investment by 2020 to accommodate the initial 100 million of these migrants and to provide increased benefits to those already living in cities. Including cost of the housing itself, as well as infrastructure, total private and public investment may reach $160 trillion. 4 Squatter Settlements An estimated one billion people – one-seventh of world’s population – live in squatter settlements, also referred to as shanty towns, favelas, tent cities, slums, and a host of other regional names.
Putting spare cash into savings was a priority among 45% of global respondents, paying off credit cards was a priority among 24%, and 18% said investing in stocks/mutual funds was a priority. Survey respondents reported spending in the various discretionary categories as follows: • New clothes: 34% • Vacations: 33% • Out-of-home entertainment: 32% • New technology products: 28% • Home improvement: 22% Globally, 15% of survey respondents said they had no spare cash for either discretionary saving or spending.
33. 34. 35. 36. 37. 38. 39. 40. 5 Wealth-X The following provides a summary of the World Ultra Wealth Report 2012-2013, a global assessment of Ultra High Net Worth (UHNW) individuals. UHNW individuals have been described variously as those with at least $30 million in investable assets, or with a disposable income of more than $20 million, or as those with more than $50 million in wealth. 8% from the year prior. 19 trillion Middle East UHNW population • • • • • • • • • Saudi Arabia: United Arab Emirates: Kuwait: Israel: Qatar: Syria: Iraq: Oman: Rest of Middle East: Total Wealth 1,265 810 735 300 300 215 160 140 4,595 $ $ $ $ $ $ $ $ $ 230 billion 120 billion 125 billion 65 billion 45 billion 23 billion 14 billion 18 billion 710 billion INTERNATIONAL CONSUMER MARKETS 2014-2015 • 50 • Oceania • • • • UHNW population Total Wealth 3,350 485 36 3,870 $ 410 billion $ 61 billion $ 4 billion $ 475 billion Australia: New Zealand: Rest of Oceania: Total: Wealth-X identifies nearly 2,500 billionaires, more than double that of the Forbes Global Billionaires list.