Brazil, Russia, India, China, and South Africa which make up the BRICS bloc should be recalled to have this year grown to include Egypt, Ethiopia, Iran, and the United Arab Emirates. Saudi Arabia is also expected to join.

Presently, the group comprises 1.6 million people with investable assets exceeding one million dollars.

According to Andrew Amolis, a wealth analyst at New World Wealth, "the BRICS forecast of 85% will be the highest wealth growth of any bloc or region globally," as reported by CNBC.


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