Osama Abbasi, chief executive officer Asia Pacific, Credit Suisse, said: "Our second edition of the Global Wealth Report reconfirms again that these are times of unprecedented economic change, and a radical reconfiguration of the world's economic order is taking shape. Emerging markets are important drivers of the global recovery and remain the key growth engines of global wealth."

Giles Keating, global head of research for private banking and asset management, Credit Suisse, and a member of the Credit Suisse Research Institute Operating Committee, said: "Credit Suisse believes this fast emerging wealth will drive new trends in consumption and investment in Asia, underpinning Credit Suisse's proprietary thematic research initiatives on Global megatrends of demographics and multipolar World. The much higher debt per adult level in Europe versus Asia, together with the much higher wealth growth rate in Asia versus Europe, suggests there may be scope for significant mutual collaboration to help mitigate the euro debt crisis."

Stefano Natella, global Head of equity research for investment banking and a member of the Credit Suisse Research Institute Operating Committee, said: "Unlike other studies, the Credit Suisse Global Wealth Report generates unique proprietary data and aims to offer the most comprehensive study of world wealth. It analyzes the wealth distribution of all the 4.5 billion adults in the world in more than 200 countries, using a rigorous and independent research approach."