Family wealth reached 570 trillion euros, according to the most recent data. However, almost 60% of this growth exists only on paper, raising concerns about the sustainability of this wealth increase.
The global balance approached 1.8 quadrillion dollars in 2025, setting a new all-time high. This value reflects the significant accumulation of financial and real estate assets worldwide.
McKinsey warned that asset valuation continues to advance faster than investment and the real economy. This divergence between the nominal value of assets and effective economic activity represents a significant imbalance.
This phenomenon increases the risk of inflation, economic stagnation or corrections in financial markets. The institution warns that the disconnection between asset valuation and economic fundamentals may have serious consequences for global financial stability.
