During pandemic, number of Brazil’s millionaires fell but inequality rose – study

Despite the coronavirus pandemic, the world closed 2020 with an additional 56.1 million people with wealth over US$1 million, about 10% more than the 50.9 million recorded the year before.

RIO DE JANEIRO, BRAZIL - Despite the coronavirus pandemic, the world closed 2020 with an additional 56.1 million people with wealth over US$1 million, about 10% more than the 50.9 million recorded the year before. Conversely, Brazil has 108,000 fewer wealthy people than in 2019.

The information is contained in the Global Wealth Report 2021, prepared annually by Credit Suisse bank.

Aggregate household wealth reached US$418.3 trillion, with an increase of US$28.7 trillion from one year to the next.

In Brazil, the trend was reversed: the country posted the greatest reduction in the . . .

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