The Credit Suisse Research Institute released its second annual Global Wealth Report, which finds that Asia Pacific emerges as the key contributor of global wealth growth, accounting for 36% of all global wealth creation since 2000, and 54% since January 2010. Emerging markets remain the main wealth growth engine, with the fastest growth seen in Latin America, Africa and Asia. The Report finds that emerging markets have considerable scope to increase personal wealth given their much lower ratio of net financial assets to income and a much lower debt-income ratio than found in mature economies. 
Brazil’s total wealth is expected to grow from USD 4.5 trillion in 2011 to USD 9.2 trillion by 2016, equivalent to level of wealth gained in the USA over 23 years from 1925 to 1948. 
Over the next five years, wealth of emerging economies is expected to leapfrog the developed world, due to their more promising growth prospects. Wealth in China and Africa is projected to rise by over 90% to USD 39 trillion and USD 5.8 trillion in 2016 respectively, while wealth in India and Brazil are forecast to more than double by 2016 to USD 8.9 trillion and USD 9.2 trillion. 
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