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Australian Nation’s Wealth – Business Insider

October 12, 2012 Leave a comment Go to comments

Credit Suisse’s 2012 Global Wealth Report is out, and it reports show that Australia — land of outspoken billionaire Gina Rinehart and Titanic-building Clive Palmer — is very, very wealthy.

According to the report, the the country’s wealth per adult in 2012 is UD$355,000, the second highest in the world after Switzerland. Even more surprisingly, the report states that the country’s median wealth — US$194,000 —is now the highest in the world.

The value of the country’s real assets per person is now second only to Norway.

This chart shows how rapidly Australia’s economy grew between 2000 and 2011:

via Australian Nation’s Wealth – Business Insider.

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