MOSCOW, June 22. /TASS/. residents of the Russian Federation in the period from 1999 to 2019 has increased the volume of private financial condition 16 times. This was reported in a study of the consulting company Boston Consulting Group (BCG).

So, according to analysts, in 1999 the amount of private wealth in Russia was $0.1 billion, and by 2019 had risen to $1.6 trillion. In the period from 2014 to 2019 state of citizens grew by 11.7% per year, according to the study (an increase from $0.9 trillion to $1.6 trillion).

“55.8% of total private wealth in 2019 owned by millionaires. The largest share of total private wealth owned by the segment 100 million+ in 2019 it is Expected that the segment of 0.25 million 1 million will grow at the fastest rate of 5.2% per year”, — stated in the research results.

Experts expect that in the period from 2019 to 2024, the increase in volumes of personal financial conditions will slow down. Under the scenario of “quick rebound” after the pandemic and the spread of coronavirus, the combined wealth of citizens of the Russian Federation will increase by 6.1% per year to 2024 will total $2.2 trillion, in the case of “slow recovery” — on 4,8%, to $2 trillion. When the “long-term damage” to growth will be 3.8% per year to 2024 status of Russians will reach $1.9 trillion.

As specified, in the study the total amount of States is defined as financial state in the ownership of adults (18+). Non-financial items (such as real estate, gold coins and bullion) is excluded. The volume of state citizens of the Russian Federation is divided into 6 segments: retail — $0-0,25 million, secured — us $0.25−1 million, the lower sub-segment, affluent segment — $1-5 million $5-20 million, the upper sub-segment of affluent segment — $20-100 million, overhastily segment — more than $100 million.