Final 12 months was a tough one for buyers. Throughout 2022, the returns for each shares and bonds usually took a nosedive. Meaning lots of people who have been millionaires in January now not held that lofty standing by December. Worldwide, 3,508,000 individuals had slipped from the ranks of millionaires by the tip of 2022, in keeping with the newest annual international wealth report from Credit score Suisse and UBS.