BRICS nations hold $45 trillion in investable wealth – report ...News

Economy by : (Russia Today) -
The number of millionaires in the bloc is expected to see a massive surge over the next decade, according to a newly released report Total investable wealth currently held by the BRICS member states amounts to $45 trillion, according to Henley & Partners’ inaugural BRICS Wealth Report. The BRICS group of emerging economies, which previously comprised Brazil, Russia, India, China, and South Africa, underwent a major expansion after Saudi Arabia, Iran, Ethiopia, Egypt, and the United Arab Emirates joined in January of this year. According to the report, the ten countries currently have 1.6 million individuals with i

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