The world’s richest are even richer because of the market’s muscle
In North America, the ranks of those with at least $1 million in investible assets grew by 7.3% to 8.4 million last year, up from 7.9 million in 2023. As the S&P 500 rose more than 23%, the wealth held by these rich folks grew 8.9% to nearly $30 trillion, up from $27.5 trillion a…