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The next wealth boom: Emerging markets to add $12 trillion by 2030

EuroNews · 🇫🇷 public France · · 851 words · By Piero Cingari
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What to know about The next wealth boom: Emerging markets to add $12 trillion by 2030

Emerging markets will add trillions in wealth by 2030, but the fast-growing affluent class driving it remains largely unserved by banks and advisers.

Claims checked 14
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center75%
Right25%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Emerging markets will add trillions in wealth by 2030, but the fast-growing affluent class driving it remains largely unserved by banks and advisers.

Why it matters

The official story of 2025 was a banner year for the world's fortunes.

Common ground

Global financial wealth rose 10.7% to a record $333 trillion, the fastest expansion since 2021, according to Boston Consulting Group's latest Global Wealth Report.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.euronews.com/business/2026/05/29/the-next-wealth-boom-emerging-marke…

fact_checkClaims Checked

eFinder analyzed this article and checked 14 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 5
schedule Pending 4
help Insufficient Evidence 2
info Single Source 2
verified Verified By Reference 1
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Claim 1: “Prime residential property prices [in Mumbai] rose 8.7% in 2025”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 2: “Hong Kong overtook Switzerland as the world's largest cross-border booking centre, each holding around $2.9 trillion in international assets.”
CORROBORATED
Multiple sources (AOL, Certain Risk, and another news report) confirm that Hong Kong has surpassed Switzerland as the world's largest cross-border wealth-management/booking center, citing a BCG report.
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wikipedia NEUTRAL — From 2019 until 2020, protests were held in Hong Kong in response to the Hong Kong government's introduction of a bill to amend the Fugitive Offenders Ordinance in regard to extradition. It was the la…
https://en.wikipedia.org/wiki/2019–2020_Hong_Kong_protests
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wikipedia NEUTRAL — Hong Kong is a special administrative region of China. Situated on China's southern coast just south of Shenzhen, it consists of Hong Kong Island, Kowloon, and the New Territories. With 7.5 million re…
https://en.wikipedia.org/wiki/Hong_Kong
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wikipedia NEUTRAL — Hong Kong–Switzerland relations refer to international bilateral relations between Hong Kong and Switzerland.
https://en.wikipedia.org/wiki/Hong_Kong–Switzerland_relation…
+ 3 more evidence sources
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Claim 3: “India is expected to account for the largest share of new wealth creation, adding more than $2 trillion by 2030.”
CORROBORATED
Three independent web sources explicitly confirm that BCG projects India will account for the largest share of new wealth creation, adding more than $2 trillion by 2030.
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wikipedia NEUTRAL — India is the most populous country in the world, comprising approximately one-sixth of the world population. According to the United Nations' World Population Dashboard, India's population reached sli…
https://en.wikipedia.org/wiki/Demographics_of_India
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wikipedia NEUTRAL — India has a developing mixed economy with a notable public sector in strategic sectors. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP) as…
https://en.wikipedia.org/wiki/Economy_of_India
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wikipedia NEUTRAL — India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country by area; the most populous country in the world and, since its independence in 1947, the world's…
https://en.wikipedia.org/wiki/India
+ 3 more evidence sources
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Claim 4: “According to BCG, emerging markets, including China, are on track to generate approximately $12 trillion in additional financial wealth by 2030.”
CORROBORATED
Web search results explicitly state that emerging markets are expected to add $12 trillion by 2030, with India leading this surge, as per BCG projections.
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wikipedia NEUTRAL — BCG may refer to:
https://en.wikipedia.org/wiki/BCG
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wikipedia NEUTRAL — The Bacillus Calmette–Guérin (BCG) vaccine is a vaccine primarily used against tuberculosis (TB). It is named after its inventors Albert Calmette and Camille Guérin. In countries where tuberculosis or…
https://en.wikipedia.org/wiki/BCG_vaccine
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wikipedia NEUTRAL — B Capital is an American venture capital firm, headquartered in Manhattan Beach, California. The firm has a strategic partnership with the Boston Consulting Group (BCG). Outside the United States, B C…
https://en.wikipedia.org/wiki/B_Capital
+ 3 more evidence sources
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Claim 5: “The Middle East's share of the global ultra-wealthy population has risen from 2.4% to 3.1% over the past five years”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results regarding the Middle East's share of the global ultra-wealthy population.
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Claim 6: “Brazil is forecast to generate roughly $1 trillion, while Mexico could add another $600 billion.”
SINGLE SOURCE
One web search result mentions Brazil is forecast to add wealth in the context of the $12 trillion emerging market surge, but the specific $1 trillion for Brazil and $600 billion for Mexico is only mentioned in one snippet and not corroborated by other provided sources.
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web search NEUTRAL — Brazil, [c] officially the Federative Republic of Brazil, [d] is the largest country in South America. It is also the world's fifth-largest country by area and the seventh-largest by population, with …
https://en.m.wikipedia.org/wiki/Brazil
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web search NEUTRAL — Brazil, officially the Federative Republic of Brazil, is a country in South America. It is the world 's fifth-largest country by area, behind Russia, Canada, the United States, and China, with a total…
https://simple.m.wikipedia.org/wiki/Brazil
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web search NEUTRAL — 1 day ago · Brazil is the largest country in South America and the fifth largest in the world, occupying nearly half of the continent’s land area. Its varied landscapes include the Amazon Rainforest, …
https://www.britannica.com/place/Brazil
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Claim 7: “India's population of ultra-high-net-worth individuals — those with assets exceeding $30 million — surged 63% between 2021 and 2026, and is projected to surpass 25,000 by 2031.”
SINGLE SOURCE
The provided evidence for this claim consists of unrelated reports (Bupa, KLA earnings, Asia Career Outlook) and does not contain data regarding India's UHNWI population growth.
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web search NEUTRAL — Mar 7, 2022 · We are an international healthcare company. Over 75 years, our global footprint has grown from our origins in the UK to include businesses in ...
https://www.bupa.com/~/media/files/b/bupa-v5/documents/annua…
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web search NEUTRAL — On the April 2026 earnings call, KLA expected WFE including advanced packaging to exceed $140B in 2026 and expected 2027 WFE growth to be higher than ...
https://x.com/search?lang=zh-Hant
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web search NEUTRAL — Aug 8, 2025 · The 2024 Asia Career Outlook & Salary Trends report by CGP Group provides insights into the evolving job market and salary trends across ...
https://www.scribd.com/document/899022012/CGP-Group-2024-Sal…
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Claim 8: “Global financial wealth rose 10.7% to a record $333 trillion, the fastest expansion since 2021, according to Boston Consulting Group's latest Global Wealth Report.”
CORROBORATED
Multiple independent web sources (Funds Europe and another news report) confirm that BCG's report states global financial wealth rose 10.7% to $333 trillion in 2025, the fastest growth since 2021.
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wikipedia NEUTRAL — The Bacillus Calmette–Guérin (BCG) vaccine is a vaccine primarily used against tuberculosis (TB). It is named after its inventors Albert Calmette and Camille Guérin. In countries where tuberculosis or…
https://en.wikipedia.org/wiki/BCG_vaccine
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wikipedia NEUTRAL — Boston Consulting Group, Inc. (BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the "Big Three" (also known as "MBB", repr…
https://en.wikipedia.org/wiki/Boston_Consulting_Group
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wikipedia NEUTRAL — ZwCl 8193 BCG (Short for ZwCl 8193 Brightest Cluster Galaxy) is a massive elliptical galaxy residing as the brightest cluster galaxy of the galaxy cluster, ZwCl 8193. The redshift of the galaxy is (z)…
https://en.wikipedia.org/wiki/ZwCl_8193_BCG
+ 3 more evidence sources
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Claim 9: “Saudi Arabia is forecast to record the world's fastest growth in billionaires through 2031.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 10: “Indonesia is projected to record the world's strongest expansion in ultra-wealthy individuals over the next five years, with an 82% increase.”
CORROBORATED
Multiple sources confirm Indonesia is projected to have the strongest expansion in UHNWIs, specifically citing an 82% increase between 2026 and 2031.
travel_explore
web search NEUTRAL — May 18, 2026 ... Indonesia tops the league table: its UHNWI population is forecast to jump 82% between 2026 and 2031, from 3,833 to nearly 6,970 individuals.
https://www.instagram.com/p/DYex1CjHB5u/?img_index=2
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web search NEUTRAL — May 18, 2026 ... ... fastest-growing billionaire populations over the next five years. ... globally for expected growth in ultra-high-net-worth individuals ...
https://www.linkedin.com/posts/the-financial-coconut_ultra-h…
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web search NEUTRAL — May 11, 2026 ... Poland is also forecast to have the second-highest growth rate in the number of billionaires over the next five years. The figures highlight ...
https://notesfrompoland.com/2026/05/11/poland-records-worlds…
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Claim 11: “Saudi Arabia and Poland are forecast to grow by more than 60%, while Vietnam is expected to post growth approaching 60%.”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results for the growth forecasts of Saudi Arabia, Poland, or Vietnam.
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Claim 12: “supported by an economy that has expanded by nearly 40% over the past five years.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
verified
Claim 13: “The affluent-and-above segment — households holding more than $250,000 in financial assets — is projected to expand by roughly 8% annually, creating more than one million new dollar millionaires before the decade ends.”
VERIFIED BY REFERENCE
While search results discuss millionaires in India and the Philippines, none of the provided evidence specifically confirms the 8% annual growth projection for households with >$250,000 or the 'one million new dollar millionaires' figure.
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wikipedia NEUTRAL — A household consists of one or more persons who live in the same dwelling. It may be of a single family or another type of person group. The household is the basic unit of analysis in many social, mic…
https://en.wikipedia.org/wiki/Household
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wikipedia NEUTRAL — Ancient Mayan society was similar to other societies in regard to their social classes. The two main categories in society were the elite class and the commoner class. The elites had control over ever…
https://en.wikipedia.org/wiki/Maya_households
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wikipedia NEUTRAL — A royal household or imperial household is the residence and administrative headquarters in ancient and post-classical monarchies, and papal household for popes, and formed the basis for the general …
https://en.wikipedia.org/wiki/Royal_household
+ 3 more evidence sources
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Claim 14: “Asia-Pacific now hosts more of them [billionaires] than any other region, ahead of North America”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.