Late Lunchtime Links: If you intend to become wealthy before the age of 45, you should be in Asia

Needless to say, the annual World Wealth Report from Capgemini and Merrill Lynch Wealth Management is out.

Among other things, it reflects the average age of high net worth individuals (defined as people with more than $1m in investable assets) around the world. We have reproduced this graph below.

For those who can't see the graph due to firewalls, the salient point is this: 83% of rich Europeans are aged 46 and over; 41% of rich people in Asia (excluding Japan) are aged 46 and below. Where would you prefer to be a young person right now?

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