Nearly 4 million Americans moved into the global 1 per cent this year, according to the Credit Suisse Wealth Report.
This represents a big swing in the global wealth distribution, with Japan being the only other country with significant gains. Presumably this has to do with relatively strong performance of US markets in the past year.
Many Europeans fell out of the global 1 per cent, led by Italy, with 705,000 dropouts.
Photo: Credit Suisse Global Wealth Report
DON’T MISS: Meet The 10 Wealthiest People In America
Business Insider Emails & Alerts
Site highlights each day to your inbox.