The Assets of Japan’s Wealthiest Jump to Record $3 Trillion

The value of assets held by Japan’s wealthy and uber wealthy has risen to a record ¥469 trillion ($3.1 trillion), while assets held by the majority of people in the country have grown at a much slower pace, according to Nomura Research Institute Ltd.

Between 2011 and 2023, the wealth of Japan’s rich and super rich more than doubled and tripled, respectively, while assets held by the masses, which account for roughly 80% of Japan’s households, only grew 42.2%, according to NRI’s report released Thursday.