US takes 'richest nation on earth' crown from Switzerland

www.thelocal.ch | 9/21/2019 | Staff
dorkyrocker (Posted by) Level 3
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The average net financial assets of people living in the US total €184,411 (around 202,900 Swiss francs) per capita against €173,838 for Switzerland, according to the latest Global Wealth Report published by German insurer Allianz.

The rise of the US to the top of the rankings is thanks in no small part to the strength of the US dollar, the report states.

US - Spot - Report - Switzerland - Assets

While the US took top spot in the report, Switzerland continues to boast the highest gross financial assets per head in the world at €266,318 (against €227,364 for the US). But debts in the Alpine country are far higher than in the US, with...
(Excerpt) Read more at: www.thelocal.ch
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