The total investable wealth now held in the BRICS bloc amounts to $45 trillion, and its millionaire population is expected to rise by 85 percent during the next 10 years, according to the inaugural BRICS Wealth Report, published by international investment migration advisory firm Henley & Partners. There are now 1.6 million individuals with investable assets of more than $1 million in the grouping of the world’s leading emerging economies, including 4,716 centi-millionaires (centis, with wealth greater than $100 million), and 549 billionaires.
The original BRICS cohort (comprising Brazil, Russia, India, China, and South Africa) added substantial new financial firepower and geopolitical clout with the inclusion this month of new MENA members Egypt, Ethiopia, I